Dominicanos USA

Analysis

Dominicanos USA is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 April 2023, Dominicanos USA reported income of $874k and spending of $866k, spending 99% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $1.2m to $874k (-25%), an average of -7.1% a year. The sharpest change came in the year to April 2020, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dominicanos USA sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Sapna NYC Inc ($874k), Wilmington Senior Center Inc ($875k) and Waller Assistance & Restoration Ministries Inc ($874k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $122k (14% of expenses). Other salaries and wages came to $386k. It paid $28k in professional fundraising fees. At year end it held assets of $486k against liabilities of $37k, net assets of $448k. It reported 12 employees.