Tia Chuchas Centro Cultural Inc

Analysis

Tia Chuchas Centro Cultural Inc is a registered charity in United States, based in Sylmar, CA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Tia Chuchas Centro Cultural Inc reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $276k to $1.8m (+553%), an average of +60% a year. The sharpest change came in the year to June 2020, when income rose by 148%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tia Chuchas Centro Cultural Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Synergia - Initiatives for Human Rights ($1.8m), Nasw Foundation ($1.8m) and Angels Gate Cultural Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $100k (5.9% of expenses). Other salaries and wages came to $729k. At year end it held assets of $991k against liabilities of $69k, net assets of $922k. It reported 41 employees.