Comunidad Y Herencia Cultural

Analysis

Comunidad Y Herencia Cultural is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Comunidad Y Herencia Cultural reported income of $328k and spending of $356k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $242k to $328k (+36%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Comunidad Y Herencia Cultural sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Coho Productions Ltd ($328k), Sino US Performing Arts Organization ($328k) and Odyssey Opera of Boston Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $42k (12% of expenses). At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 1 employees.