Aguilas

Analysis

Aguilas is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aguilas reported income of $629k and spending of $596k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $418k to $629k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aguilas sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Maui Community Theatre ($629k), German-Texan Heritage Society ($629k) and Theatre L Homme Dieu ($629k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $99k (17% of expenses). Other salaries and wages came to $240k. At year end it held assets of $47k against liabilities of $87k, net assets of -$40k. It reported 11 employees.