Caribbean Hotel Foundation Inc

Analysis

Caribbean Hotel Foundation Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Caribbean Hotel Foundation Inc reported income of $113k and spending of $163k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $113k (-34%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caribbean Hotel Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Voyager Parent Organization ($113k), Bloomingdale Band Boosters ($113k) and Gen W Anders Polish Language School ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $429k against liabilities of $172k, net assets of $257k.