De Hostos Senior Center Inc

Analysis

De Hostos Senior Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, De Hostos Senior Center Inc reported income of $368k and spending of $348k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $309k to $368k (+19%), an average of +4.5% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, De Hostos Senior Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Dpa Cobras Soccer Club ($368k), Mississippi Makos Inc ($368k) and Rogers Area Youth Basketball Association ($368k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $10k, net assets of $33k.