Segundo Ruiz Belvis Cultural Center

Analysis

Segundo Ruiz Belvis Cultural Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 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, Segundo Ruiz Belvis Cultural Center reported income of $680k and spending of $728k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $436k to $680k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 242%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Segundo Ruiz Belvis Cultural Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Arizona Brainfood Inc ($679k), Humanitaire Chretien Sans Frontiere a NJ Nonprofit Corporation ($680k) and Laurel County Older Persons Activity Center Inc ($679k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $83k (11% of expenses). Other salaries and wages came to $110k. At year end it held assets of $1.6m against liabilities of $141k, net assets of $1.5m. It reported 3 employees.