Spanish Catholic Center Inc

Analysis

Spanish Catholic Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1973, 53 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, Spanish Catholic Center Inc reported income of $3.0m and spending of $4.8m, spending 157% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $3.0m (-13%), an average of -3.4% a year. Over the whole period it spent 168% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spanish Catholic Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include Hospice of Kona Inc ($3.0m), Survivors of Torture International ($3.0m) and Kauai Economic Opportunity Incorporated ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $2.2m against liabilities of $15k, net assets of $2.2m. It reported 44 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.