Centro Asturiano de Tampa Inc

Analysis

Centro Asturiano de Tampa Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Centro Asturiano de Tampa Inc reported income of $781k and spending of $504k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $405k to $781k (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centro Asturiano de Tampa Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include National Society of the Children of the American Revolution ($781k), San Francisco Early Music Society ($781k) and Society for Leukocyte Biology ($781k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 55% of the total. Other salaries and wages came to $147k. At year end it held assets of $2.8m against liabilities of $62k, net assets of $2.8m. It reported 4 employees.