Rafael and Luisa de Marchena-Huyke Foundation

Analysis

Rafael and Luisa de Marchena-Huyke Foundation is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Rafael and Luisa de Marchena-Huyke Foundation reported income of $8.4m and spending of $352k, leaving 96% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $4.2m to $8.4m (+99%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 2831%. Over the whole period it spent 4.7% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rafael and Luisa de Marchena-Huyke Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Supportive Care Services of Michigan Inc ($8.4m), Westchester Community College Foundation Inc ($8.4m) and Garnet Health Urgent Care P C ($8.4m).

At year end it held assets of $12.4m against liabilities of $0, net assets of $12.4m.