El Refugio Inc

Analysis

El Refugio Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, El Refugio Inc reported income of $218k and spending of $149k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $218k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Refugio Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Ma Alot Farms ($218k), Peoria Grown ($218k) and Pickett Fences Senior Services Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (37% of expenses). Other salaries and wages came to $47k. At year end it held assets of $193k against liabilities of $0, net assets of $193k. It reported 15 employees.