Central American Resource Center- Carecen is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1983, with $4,101,855 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.1M
▲ 45.3% vs prior year
Expenses (FY2024)
$3.4M
Net assets
$3.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Central American Resource Center- Carecen— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central American Resource Center- Carecen: 11 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Central American Resource Center- Carecen— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central American Resource Center- Carecen: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $685K (FY2013) to $4.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
17.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$338K
Net assets
$3.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,101,855▲45.3% | $3,379,769▲26.9% | $3,075,284▲30.3% | $3,413,187▲28.3% | 990 |
| 2023 | $2,822,577▼28.3% | $2,662,368▼3.4% | $2,360,590▲7.3% | $2,660,394▲6.8% | 990 |
| 2022 | $3,938,889▲132% | $2,756,585▲81.8% | $2,200,381▲116% | $2,490,602▲86.5% | 990 |
| 2021 | $1,697,926▲13.3% | $1,516,380▲10.5% | $1,018,077▲21.7% | $1,335,314▲1.0% | 990 |
| 2020 | $1,498,463▲32.3% | $1,371,828▲22.4% | $836,531▲17.8% | $1,322,630▲33.9% | 990 |
| 2019 | $1,132,803▼0.7% | $1,120,997▼6.8% | $709,896▲1.7% | $987,564▲3.9% | 990 |
| 2018 | $1,140,361▲2.0% | $1,203,265▲13.4% | $698,090▼8.3% | $950,505▼8.7% | 990 |
| 2017 | $1,118,500▲20.1% | $1,061,338▲17.7% | $760,994▲8.1% | $1,040,673▲5.4% | 990 |
| 2016 | $931,010▼5.7% | $901,902▲5.1% | $703,832▲4.3% | $986,917▲1.9% | 990 |
| 2015 | $986,808▲24.7% | $858,443▲9.2% | $674,724▲23.5% | $968,843▲13.3% | 990 |
| 2014 | $791,410▲15.6% | $786,161▲13.1% | $546,359▲1.0% | $855,371▼0.7% | 990 |
| 2013 | $684,905 | $694,874▲4.0% | $541,110▼1.8% | $861,334▼2.7% | 990 |
| 2012 | — | $668,296▼16.1% | $551,079▼10.1% | $885,624▼5.5% | 990 |
| 2011 | — | $796,325 | $613,064 | $937,581 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
42 grants to Central American Resource Center- Carecen totaling $4.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Washington Community Foundation | General support | 2024 | $1,412,900 |
| Network For Good Inc | Unrestricted | 2024 | $34,375 |
| American Online Giving Foundation Inc | General support | 2024 | $11,537 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,389 |
| Network For Good Inc | Unrestricted | 2023 | $40,802 |
| Unidosus | Grants | 2023 | $40,637 |
| Greater Washington Community Foundation | General support | 2023 | $17,500 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $10,100 |
| Laborers International Union of North America | General support | 2023 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $6,067 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,250 |
| Unidosus | Grants | 2022 | $120,500 |
| Network For Good Inc | Unrestricted | 2022 | $104,838 |
| American Online Giving Foundation Inc | General support | 2022 | $40,207 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $20,850 |
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Data for Central American Resource Center- Carecen (EIN 52-1271888) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.