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. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Ibero-American Action League Inc reported income of $12.2m and spending of $12.1m, spending 99% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $11.4m to $12.2m (+6.7%), an average of +1.3% a year. The sharpest change came in the year to March 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ibero-American Action League Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Cleveland Society for the Blind ($12.2m), North Fulton Community Charities Inc ($12.2m) and Step by Step Family Support Center ($12.2m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 71% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $120k (1.0% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $9.3m against liabilities of $9.3m, net assets of -$15k. It reported 184 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 21%
- Other 8.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cleveland Society for the Blind | Cleveland | $12.2m |
| North Fulton Community Charities Inc | Roswell | $12.2m |
| Step by Step Family Support Center | Puyallup | $12.2m |
| Nysarc Inc | Walton | $12.2m |