Health and Education for Colombia Inc

Analysis

Health and Education for Colombia Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2017, 9 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, Health and Education for Colombia Inc reported income of $103k and spending of $103k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $309k to $103k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Health and Education for Colombia Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Diven2life Inc ($103k), Creative Minds Montessori ($103k) and Milton Eagles PTO Inc ($103k).

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 $16k against liabilities of $0, net assets of $16k.

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.