The Wilfredo Perez Jr Memorial Fund Inc

Analysis

The Wilfredo Perez Jr Memorial Fund Inc is a registered charity in United States, based in New Preston, CT. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Wilfredo Perez Jr Memorial Fund Inc reported income of $123k and spending of $156k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $123k (+247%), an average of +247% a year. The sharpest change came in the year to December 2023, when income rose by 247%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Wilfredo Perez Jr Memorial Fund Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Gary Literacy Coalition Inc ($123k), Carmel High School Foundation ($123k) and Ccim Greater Los Angeles Chapter ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $275k against liabilities of $0, net assets of $275k.