El Centro de Servicios Sociales Inc

Analysis

El Centro de Servicios Sociales Inc is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, El Centro de Servicios Sociales Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.3m (+27%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Centro de Servicios Sociales Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Latino Organization of the Southwest ($1.3m), Kauai Food Bank Inc ($1.3m) and Kiddy Karousel Day Care Center ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $87k (7.2% of expenses). Other salaries and wages came to $626k. At year end it held assets of $2.2m against liabilities of $346k, net assets of $1.8m. It reported 31 employees.