Manos de Cristo Inc

Analysis

Manos de Cristo Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 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 December 2023, Manos de Cristo Inc reported income of $3.9m and spending of $3.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.9m (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manos de Cristo 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 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Arc of Southside Inc ($3.9m), New Haven Hebrew Day School Inc ($3.9m) and Black Latinx Asian Charter Collaborative ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $146k (3.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.7m against liabilities of $178k, net assets of $3.5m. It reported 50 employees.