Comite de Bienestar Inc

Analysis

Comite de Bienestar Inc is a registered charity in United States, based in San Luis, AZ. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Comite de Bienestar Inc reported income of $11.2m and spending of $7.8m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $11.2m (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Comite de Bienestar Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Arc Minnesota Inc ($11.2m), St Andrews Schools ($11.2m) and United Way of Southeastern Conn Inc ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 9.6% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $34.1m against liabilities of $14.4m, net assets of $19.6m. It reported 68 employees.