Patronato Benefico Oriental of the United States

Analysis

Patronato Benefico Oriental of the United States is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Patronato Benefico Oriental of the United States reported income of $1.1m and spending of $2.2m, spending 209% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $4.1m to $1.1m (-74%), an average of -24% a year. The sharpest change came in the year to December 2019, when income dropped by 69%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Patronato Benefico Oriental of the United States sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Caroles House of Hope Inc ($1.1m), Pilgrim Baptist Church of San Mateo ($1.1m) and LA Goal ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.