Centro Venezolano Americano de Carabobo

Analysis

Centro Venezolano Americano de Carabobo is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Centro Venezolano Americano de Carabobo reported income of $107k and spending of $113k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $107k (-7.9%), an average of -7.9% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centro Venezolano Americano de Carabobo sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Somers Education Foundation Inc ($107k), Kirkwood School District Parent Teacher Organizational Council ($107k) and Holy Spirit High School Fathers Club Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.