Miami Council for International Visitors Inc

Analysis

Miami Council for International Visitors Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in July 1960, 66 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miami Council for International Visitors Inc reported income of $55k and spending of $62k, spending 113% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $222k to $55k (-75%), an average of -24% a year. The sharpest change came in the year to September 2023, when income rose by 198%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Miami Council for International Visitors Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Friends of Cat Island United ($55k), Waterbrook Hills ($55k) and Cincinnati-Kharkiv Sister City Partnership ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $18k (28% of expenses). At year end it held assets of $339k against liabilities of $7,753, net assets of $332k. It reported 5 employees.