Movimiento Poder

Analysis

Movimiento Poder is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1999, 27 years ago. 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, Movimiento Poder reported income of $1.2m and spending of $1.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+15%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Movimiento Poder sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Morgantown Community Resources Inc ($1.2m), Faculty Student Association Broome Community College ($1.2m) and Jessie T Langworthy Trust ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $138k (12% of expenses). Other salaries and wages came to $440k. At year end it held assets of $2.3m against liabilities of $148k, net assets of $2.1m. It reported 12 employees.