Monsenor Felipe Bello Foundation Inc

Analysis

Monsenor Felipe Bello Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Monsenor Felipe Bello Foundation Inc reported income of $59k and spending of $66k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $59k (+118%), an average of +118% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monsenor Felipe Bello Foundation Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Rainbow Center for Communicative Disorders ($59k), Snyder-Robinson Foundation ($59k) and Reconciliation House Inc ($59k).

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 $36k against liabilities of $47k, net assets of -$11k.