Bienvenidos Outreach Inc

Analysis

Bienvenidos Outreach Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in February 1991, 35 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 June 2024, Bienvenidos Outreach Inc reported income of $391k and spending of $431k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $386k to $391k (+1.4%), an average of +0.4% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bienvenidos Outreach Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States ($391k), Vietnamese Buddhist Association ($391k) and Postgraduate Center Residence Inc ($391k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $49k. At year end it held assets of $362k against liabilities of $2,498, net assets of $359k. It reported 3 employees.