Friends of Rule of Law in Ecuador Inc

Analysis

Friends of Rule of Law in Ecuador Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in June 2002, 24 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, Friends of Rule of Law in Ecuador Inc reported income of $90k and spending of $62k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $90k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Rule of Law in Ecuador Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Fundacion Mama Margarita DB ($90k), Hope International Foundation Inc ($90k) and Project Vic International Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.