Centro Deambulantes Cristo Pobre Inc

Analysis

Centro Deambulantes Cristo Pobre Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in March 2002, 24 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 June 2022, Centro Deambulantes Cristo Pobre Inc reported income of $4.6m and spending of $973k, leaving 79% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.1m to $4.6m (+310%), an average of +102% a year. The sharpest change came in the year to June 2022, when income rose by 327%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centro Deambulantes Cristo Pobre Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 88th percentile within PR. Charities of a similar size with the same main cause include Goodwin House Foundation ($4.6m), Family Service Center at Houston and Harris County ($4.6m) and Families in Transition of Santa Cruz County Inc ($4.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $361k. At year end it held assets of $12.2m against liabilities of $6.1m, net assets of $6.1m. It reported 52 employees.