El Caldito

Analysis

El Caldito is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, El Caldito reported income of $430k and spending of $421k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $264k to $430k (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Caldito sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within NM. Charities of a similar size with the same main cause include Campus District Inc ($430k), Road Runners Club of America ($430k) and Friends of the Gardens on Spring Creek ($430k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $167k. At year end it held assets of $1.2m against liabilities of $9,550, net assets of $1.1m. It reported 9 employees.