El Centro Network Inc

Analysis

El Centro Network Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2021, El Centro Network Inc reported income of $426k and spending of $343k, spending 80% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $400k to $426k (+6.6%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, El Centro Network Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Bul Kwang Sa Inc ($426k), Launch Campus Ministry Incorporated ($426k) and JC Evangelistic Ministries ($426k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). It paid $852 in professional fundraising fees. At year end it held assets of $276k against liabilities of $142k, net assets of $135k.