Juan Felipe Gomez Escobar Foundation Inc

Analysis

Juan Felipe Gomez Escobar Foundation Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Juan Felipe Gomez Escobar Foundation Inc reported income of $408k and spending of $401k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $408k (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Juan Felipe Gomez Escobar Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Helena Education Foundation ($407k), Folds of Honor Foundation ($408k) and Centro de Desarrollo Y Servicios Especializados Inc ($407k).

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 $115k against liabilities of $0, net assets of $115k.