Colonias Unidas

Analysis

Colonias Unidas is a registered charity in United States, based in Rio Grande Cy, TX. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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, Colonias Unidas reported income of $88k and spending of $93k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $75k to $88k (+16%), an average of +3.9% a year. The sharpest change came in the year to September 2022, when income rose by 125%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colonias Unidas sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Womens Leadership Network ($88k), Organization for the Support of Democratic Movement in Taiwan ($88k) and Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($87k).

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 $16k against liabilities of $0, net assets of $16k.