Vicente Ferrer Foundation USA Inc

Analysis

Vicente Ferrer Foundation USA Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. 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 March 2024, Vicente Ferrer Foundation USA Inc reported income of $553k and spending of $530k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $490k to $553k (+13%), an average of +3.1% a year. The sharpest change came in the year to March 2022, when income rose by 83%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vicente Ferrer Foundation USA Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 45th percentile within DC. Charities of a similar size with the same main cause include Mission Palms Retirement Housing Inc ($553k), Mountaintop Community Ambulance Assn ($553k) and Cyt Inc ($553k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $186k. At year end it held assets of $255k against liabilities of $205, net assets of $254k. It reported 4 employees.