Avenida Guadalupe Association

Analysis

Avenida Guadalupe Association is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 1986, 40 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 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, Avenida Guadalupe Association reported income of $1.3m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.3m (+8.8%), an average of +2.1% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Avenida Guadalupe Association sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Downtown Vision Alliance Inc ($1.3m), Ua3 Inc ($1.3m) and The Legacy Center Community Development Corporation ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $87k (5.9% of expenses). At year end it held assets of $5.2m against liabilities of $923k, net assets of $4.3m. It reported 20 employees.