Cuba Independiente Inc

Analysis

Cuba Independiente Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Cuba Independiente Inc reported income of $164k and spending of $185k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $291k to $164k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cuba Independiente Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include House of Hope Haiti ($164k), Word Indeed Ministries ($164k) and Joy in Haiti ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.