Directorio Democratico Cubano Inc

Analysis

Directorio Democratico Cubano Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2000, 26 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, Directorio Democratico Cubano Inc reported income of $817k and spending of $891k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $817k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. 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, Directorio Democratico Cubano Inc 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 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Auroville International USA ($817k), Faith Walk Community Fitness Park ($818k) and Association of Nigerian Physicians in the Americas Inc ($817k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $305k. At year end it held assets of $534k against liabilities of $617k, net assets of -$84k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.