Vamos Adelante Foundation

Analysis

Vamos Adelante Foundation is a registered charity in United States, based in Batavia, IL. It received its IRS tax-exemption ruling in September 2000, 26 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, Vamos Adelante Foundation reported income of $235k and spending of $195k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $312k to $235k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Vamos Adelante Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include African Hospitality Institute ($235k), Childrens Fund ($235k) and Loving All Nations Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $16k (8.2% of expenses). Other salaries and wages came to $37k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.