El Centro de Las Americas

Analysis

El Centro de Las Americas is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1983, 43 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 2022, El Centro de Las Americas reported income of $692k and spending of $620k, spending 90% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $474k to $692k (+46%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Centro de Las Americas sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NE. Charities of a similar size with the same main cause include C24 7 Fathers Arms Ministries ($692k), GNC Live Well Foundation ($692k) and Charity Guild Inc ($692k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $468k. At year end it held assets of $500k against liabilities of $62k, net assets of $438k. It reported 16 employees.