Centro Cultural Mexicano

Analysis

Centro Cultural Mexicano is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Centro Cultural Mexicano reported income of $403k and spending of $416k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $403k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Centro Cultural Mexicano sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Boys and Girls Club of Hocak Nisoc Haci ($403k), Montanova Stables Foundation ($404k) and Leadership Gwinnett Foundation Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Other salaries and wages came to $193k. At year end it held assets of $453k against liabilities of $5,697, net assets of $447k. It reported 5 employees.