Central American Resource Center Carecen
EIN: 521271888 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $2.7M |
| Net Assets | $2.4M |
Is Central American Resource Center Carecen Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central American Resource Center Carecen
Central American Resource Center Carecen (EIN: 521271888) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $4.1M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central American Resource Center Carecen's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central American Resource Center Carecen is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$160K |
| Total Assets | $2.7M |
| Total Liabilities | $300K |
| Net Assets | $2.4M |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, Central American Resource Center Carecen reported a surplus of $160K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Central American Resource Center Carecen's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.3% | -3.4% | +6.8% |
| 2022 | +132.0% | +81.8% | +86.5% |
| 2021 | +13.3% | +10.5% | +1.0% |
| 2020 | +32.3% | +22.4% | +33.9% |
| 2019 | -0.7% | -6.8% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central American Resource Center Carecen has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central American Resource Center Carecen with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Central American Resource Center Carecen
Is Central American Resource Center Carecen a legitimate charity?
Central American Resource Center Carecen (EIN: 521271888) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $4.1M. No red flags identified. Financial health grade: A.
How does Central American Resource Center Carecen spend its money?
Central American Resource Center Carecen reported $4.1M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central American Resource Center Carecen tax-deductible?
Central American Resource Center Carecen is registered as a tax-exempt nonprofit (EIN: 521271888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central American Resource Center Carecen located?
Central American Resource Center Carecen is headquartered in Washington, Washington DC and files with the IRS under EIN 521271888.
How many years of IRS 990 filings does Central American Resource Center Carecen have?
Central American Resource Center Carecen has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.1M in total revenue.
Filing History
IRS 990 filing history for Central American Resource Center Carecen showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Central American Resource Center Carecen's revenue has grown by 240.9%, moving from $828K to $2.8M. Total assets increased by 149.7% over the same period, from $1.1M to $2.7M. Total functional expenses rose by 221.9%, from $827K to $2.7M. In its most recent filing year (2023), Central American Resource Center Carecen reported a surplus of $160K, with revenue exceeding expenses. The organization holds $300K in liabilities against $2.7M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.7M | $2.7M | $300K | — | — |
| 2022 | $3.9M | $2.8M | $2.5M | $290K | — | — |
| 2021 | $1.7M | $1.5M | $1.3M | $317K | — | View 990 |
| 2020 | $1.5M | $1.4M | $1.3M | $486K | — | View 990 |
| 2019 | $1.1M | $1.1M | $988K | $278K | — | View 990 |
| 2018 | $1.1M | $1.2M | $951K | $252K | — | View 990 |
| 2017 | $1.1M | $1.1M | $1.0M | $280K | — | — |
| 2016 | $931K | $902K | $987K | $283K | — | View 990 |
| 2015 | $987K | $858K | $969K | $294K | — | View 990 |
| 2014 | $791K | $786K | $855K | $309K | — | View 990 |
| 2013 | $685K | $695K | $861K | $320K | — | View 990 |
| 2012 | $606K | $668K | $886K | $335K | — | View 990 |
| 2011 | $638K | $796K | $938K | $325K | — | View 990 |
| 2010 | $828K | $827K | $1.1M | $294K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.7M, and assets of $2.7M (revenue -28.3% year-over-year).
- 2022: Revenue of $3.9M, expenses of $2.8M, and assets of $2.5M (revenue +132.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $1.3M (revenue +13.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.3M (revenue +32.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $988K (revenue -0.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $951K (revenue +2.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $1.0M (revenue +20.1% year-over-year).
- 2016: Revenue of $931K, expenses of $902K, and assets of $987K (revenue -5.7% year-over-year).
- 2015: Revenue of $987K, expenses of $858K, and assets of $969K (revenue +24.7% year-over-year).
- 2014: Revenue of $791K, expenses of $786K, and assets of $855K (revenue +15.6% year-over-year).
- 2013: Revenue of $685K, expenses of $695K, and assets of $861K (revenue +13.0% year-over-year).
- 2012: Revenue of $606K, expenses of $668K, and assets of $886K (revenue -5.0% year-over-year).
- 2011: Revenue of $638K, expenses of $796K, and assets of $938K (revenue -22.9% year-over-year).
- 2010: Revenue of $828K, expenses of $827K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central American Resource Center Carecen:
Data Sources and Methodology
This transparency report for Central American Resource Center Carecen is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.