Center for Central American Empowerment Inc

Analysis

Center for Central American Empowerment Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Center for Central American Empowerment Inc reported income of $517k and spending of $419k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $517k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Center for Central American Empowerment Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Pandemonium Rainforest Project Inc ($517k), The Im Able Foundation ($517k) and Global Credit Union Foundation ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.