Ismael Cala Foundation Inc

Analysis

Ismael Cala Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Ismael Cala Foundation Inc reported income of $70k and spending of $118k, spending 167% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $338k to $70k (-79%), an average of -41% a year. The sharpest change came in the year to December 2021, when income dropped by 61%. Over the whole period it spent 117% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ismael Cala Foundation Inc 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 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Southside Youth Development Inc ($70k), Pa Youth Shooting Association Inc ($70k) and 60feet6 Foundation ($70k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $49k against liabilities of $142k, net assets of -$93k.