Centro Cultural de Mexico En El Condado de Orange

Analysis

Centro Cultural de Mexico En El Condado de Orange is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Centro Cultural de Mexico En El Condado de Orange reported income of $656k and spending of $410k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $250k to $656k (+162%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centro Cultural de Mexico En El Condado de Orange sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Unbridled Thoroughbred Foundation ($656k), Sophienburg Memorial Association ($656k) and St Petersburg Arts Alliance Inc ($656k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 69% and program service revenue 23% of the total. Other salaries and wages came to $92k. It paid $3,578 in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $659k, net assets of $1.1m. It reported 7 employees.