Fundacion Rescate N America

Analysis

Fundacion Rescate N America is a registered charity in United States, based in South Lyon, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fundacion Rescate N America reported income of $144k and spending of $158k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $144k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fundacion Rescate N America sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Zienzele Foundation ($144k), Thrive Foundation Inc ($144k) and Social Venture Partners International ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.