Darsalud Community Center Inc

Analysis

Darsalud Community Center Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Darsalud Community Center Inc reported income of $7.9m and spending of $7.4m, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $5.1m to $7.9m (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Darsalud Community Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Jacaranda Health ($7.9m), Carroll Center for the Blind Inc ($7.9m) and Indiana Family Health Council Inc ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $11.4m against liabilities of $10.4m, net assets of $1.0m. It reported 62 employees.