Finca International Inc

Analysis

Finca International Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1986, 40 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, Finca International Inc reported income of $38.7m and spending of $28.3m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.3m to $38.7m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 448%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Finca International Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include International Development Enterprises ($38.5m), International Orthodox Christian Charities Inc ($39.0m) and World Medical Relief Incorporated ($38.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $893k (3.2% of expenses). Other salaries and wages came to $6.4m. It paid $18k in professional fundraising fees. At year end it held assets of $232.9m against liabilities of $76.3m, net assets of $156.5m. It reported 36 employees.