Funsepa US

Analysis

Funsepa US is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in November 2012, 14 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, Funsepa US reported income of $91k and spending of $80k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $91k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Funsepa US 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 CA. Charities of a similar size with the same main cause include Freedom Business Alliance Inc ($91k), Education Advancement Fund International ($91k) and Olive Tree Projects ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $500 in professional fundraising fees. At year end it held assets of $154k against liabilities of $25k, net assets of $129k.