Proyecto Azteca

Analysis

Proyecto Azteca is a registered charity in United States, based in San Juan, TX. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Proyecto Azteca reported income of $1.3m and spending of $1.7m, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $722k to $1.3m (+87%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 131%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Proyecto Azteca sits at the 77th percentile: it is larger than about 76% 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 Penquis Development Inc ($1.3m), Adti Housing Corp ($1.3m) and Shamokin Housing Association ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% and program service revenue 25% of the total. Other salaries and wages came to $512k. At year end it held assets of $7.4m against liabilities of $493k, net assets of $6.9m. It reported 18 employees.