Floresta USA Incorporated

Analysis

Floresta USA Incorporated is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1985, 41 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 June 2022, Floresta USA Incorporated reported income of $10.2m and spending of $9.0m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $5.6m to $10.2m (+83%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Floresta USA Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Father Wasson Legacy Endowment Inc ($10.2m), Polaris Project ($10.2m) and Fair Labor Association ($10.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $739k (8.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.1m against liabilities of $358k, net assets of $6.7m. It reported 36 employees.