Albert C Pierre Community Service Center Inc

Analysis

Albert C Pierre Community Service Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Albert C Pierre Community Service Center Inc reported income of $118k and spending of $129k, spending 109% of what it took in. Across the 3 years on record, from December 2018 to December 2023, income grew from $93k to $118k (+27%), an average of +13% a year. The sharpest change came in the year to December 2019, when income rose by 51%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albert C Pierre Community Service Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Hapco Music Foundation Inc ($118k), Galveston Diaper Bank ($118k) and Ddso Foundation ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.