Funadacion Azriel Corp

Analysis

Funadacion Azriel Corp is a registered charity in United States, based in Carolina, PR. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Funadacion Azriel Corp reported income of $656k and spending of $652k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $998k to $656k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Funadacion Azriel Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 60th percentile within PR. Charities of a similar size with the same main cause include Families and Communities Together Relief - Fact Relief ($655k), Helping Hands Ending Hunger Inc ($656k) and Ezion Fair Community Development Corporation ($655k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $2,320, net assets of $45k.