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Asopuente International Inc

RegisteredEIN 47-1084152Miami, FLPoverty relief
Income$215k2023-12
Spending$290ksame year
Spent / received120%2-year average
Size in its cause50th pctPoverty relief
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Asopuente International Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asopuente International Inc reported income of $215k and spending of $290k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $216k to $215k (-0.4%), an average of -0.4% a year. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asopuente International Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Texas Beef Initiative ($215k), Safe Haven Foster Shoppe ($215k) and Gift of Hope Inc ($215k).

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 $69k against liabilities of $22k, net assets of $48k.

Income and spending

$0$72k$145k$217k$290k2022 Income: $216,0442022 Spending: $227,71720222023 Income: $215,2012023 Spending: $289,7692023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Texas Beef InitiativeDripping SPGS$215k
Safe Haven Foster ShoppeHudson$215k
Gift of Hope IncForsyth$215k
Mytquinn FoundationWestlake VLG$215k