Centro San Vicente

Analysis

Centro San Vicente is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Centro San Vicente reported income of $19.7m and spending of $19.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $19.7m (+32%), an average of +7.3% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centro San Vicente sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Barnes-Kasson County Hospital ($19.6m), Lake Region Healthcare Corporation ($19.7m) and Rural Health Inc ($19.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $771k (4.0% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $14.3m against liabilities of $6.3m, net assets of $8.0m. It reported 281 employees.