Chuluchosema1374 Inc

Analysis

Chuluchosema1374 Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chuluchosema1374 Inc reported income of $125k and spending of $135k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $207k to $125k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chuluchosema1374 Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Outreach Inc ($125k), Harvest for the Hungry Food Pantry Inc ($125k) and Our Lady of Calvary Athletic Assoc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,188 against liabilities of $0, net assets of $4,188.