Fundacion Mama Margarita DB

Analysis

Fundacion Mama Margarita DB is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 2014, 12 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, Fundacion Mama Margarita DB reported income of $90k and spending of $114k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $90k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fundacion Mama Margarita DB 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 37th percentile within FL. Charities of a similar size with the same main cause include Project Vic International Inc ($90k), Friends of Rule of Law in Ecuador Inc ($90k) and Peace Island Childrens Center 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 $237k against liabilities of $0, net assets of $237k.