Esperanza Community Center

Analysis

Esperanza Community Center is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in June 2019, 7 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, Esperanza Community Center reported income of $240k and spending of $242k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $261k to $240k (-8.2%), an average of -8.2% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Esperanza Community Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Cornerstone Community Center Inc ($240k), New Sun Foundation Corp ($240k) and Youth Collaborative Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $97k. At year end it held assets of $45k against liabilities of $5,180, net assets of $40k. It reported 2 employees.