Asociacion Para LA Educacion Teologica Hispana Inc

Analysis

Asociacion Para LA Educacion Teologica Hispana Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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, Asociacion Para LA Educacion Teologica Hispana Inc reported income of $499k and spending of $438k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $499k (+277%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 653%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asociacion Para LA Educacion Teologica Hispana Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Burlington Community School District Educational Foundation ($499k), On Drugs Inc ($499k) and Arkansas School Band & Orchestra Association ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $120k (27% of expenses). At year end it held assets of $624k against liabilities of $22k, net assets of $602k. It reported 3 employees.