Latam Freedom & Development Foundation Inc

Analysis

Latam Freedom & Development Foundation Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Latam Freedom & Development Foundation Inc reported income of $91k and spending of $81k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $91k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latam Freedom & Development Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Turtle Mountain Community College Foundation ($91k), Wichita Educational Foundation ($91k) and Elderwise Learning ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 119% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.