Jose Wejebe-Spanish Fly Memorial Foundation Inc

Analysis

Jose Wejebe-Spanish Fly Memorial Foundation Inc is a registered charity in United States, based in Big Pine Key, FL. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Jose Wejebe-Spanish Fly Memorial Foundation Inc reported income of $116k and spending of $113k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $114k to $116k (+2.2%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Jose Wejebe-Spanish Fly Memorial Foundation Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Florida Bay Forever Save Our Waters Inc ($116k), Pure Oakland Water ($116k) and Haereticus Environmental Laboratory ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 170% of the total. Compensation of current officers, directors and key employees was $44k (39% of expenses). Other salaries and wages came to $8,195. At year end it held assets of $130k against liabilities of $6,701, net assets of $123k. It reported 2 employees.