El Centro de Libertad

Analysis

El Centro de Libertad is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in February 1994, 32 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 June 2023, El Centro de Libertad reported income of $2.4m and spending of $2.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.4m (+108%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Centro de Libertad sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Guilford Center for Children Inc ($2.4m), Converse County Aging Services ($2.4m) and Thrive DC ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $145k (6.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $953k, net assets of $1.4m. It reported 37 employees.