Centro Tepeyac Inc

Analysis

Centro Tepeyac Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in February 1994, 32 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 December 2023, Centro Tepeyac Inc reported income of $259k and spending of $219k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $259k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centro Tepeyac Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Viet Rainbow of Orange County ($259k), Triangle Area Telugu Association of North Carolina ($259k) and Daniel Payne Outreach Ministries Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $96k. It paid $1,092 in professional fundraising fees. At year end it held assets of $415k against liabilities of $0, net assets of $415k. It reported 9 employees.