Ibero-American Action League Inc

Analysis

Ibero-American Action League Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending March 2024, Ibero-American Action League Inc reported income of $248k and spending of $280k, spending 113% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $227k to $248k (+9.3%), an average of +1.8% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ibero-American Action League Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Jewish Historical Society of Upper Midwest Inc ($248k), Fresno Area Community Enterprises Inc ($248k) and Hickory Choral Society Inc ($248k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $5,027. At year end it held assets of $1.1m against liabilities of $1.2m, net assets of -$86k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.