Mi Sangre Foundation Corporation

Analysis

Mi Sangre Foundation Corporation is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mi Sangre Foundation Corporation reported income of $131k and spending of $138k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $131k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mi Sangre Foundation Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Johnnys Jog for Charity Inc ($131k), Pioneer Spirit Foundation ($131k) and Friends of Talmudic Studies Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,256 against liabilities of $6,360, net assets of -$3,104.