Amigos En Cristo Inc

Analysis

Amigos En Cristo Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amigos En Cristo Inc reported income of $317k and spending of $319k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $866k to $317k (-63%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Amigos En Cristo Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Main Street Wooster Inc ($317k), Junior League of Denver Foundation Inc ($317k) and Austin Rotary Club Foundation ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). Other salaries and wages came to $113k. At year end it held assets of $269k against liabilities of $3,516, net assets of $265k. It reported 4 employees.