El Proposito de Las Edades Corp

Analysis

El Proposito de Las Edades Corp is a registered charity in United States, based in Tamarac, FL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, El Proposito de Las Edades Corp reported income of $62k and spending of $56k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $62k (-1.5%), an average of -1.5% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, El Proposito de Las Edades Corp sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include World Revival Ministries Inc ($62k), Zichron Chaim Nachman Fund Inc ($62k) and First Cause ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.