El Centro Del Barrio Inc

Analysis

El Centro Del Barrio Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 1975, 51 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 March 2024, El Centro Del Barrio Inc reported income of $109.6m and spending of $104.3m, spending 95% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $72.5m to $109.6m (+51%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Centro Del Barrio Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Homeless Action Network of Detroit ($109.6m), Element Care Inc ($110.0m) and Springwell Inc ($109.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $2.1m (2.1% of expenses). Other salaries and wages came to $52.5m. At year end it held assets of $123.0m against liabilities of $38.2m, net assets of $84.8m. It reported 1,100 employees.