Asociacion Venezolano Americana de Amistad-Incorporated

Analysis

Asociacion Venezolano Americana de Amistad-Incorporated is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Asociacion Venezolano Americana de Amistad-Incorporated reported income of $94k and spending of $191k, spending 203% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $94k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 172% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Asociacion Venezolano Americana de Amistad-Incorporated sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Project Hope Ministries ($94k), A Union of Golden Hearts Inc ($94k) and Will Go Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $137k against liabilities of $413, net assets of $137k.