Alumni San Ignacio Inc

Analysis

Alumni San Ignacio Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alumni San Ignacio Inc reported income of $141k and spending of $164k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $141k (-30%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 111% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Alumni San Ignacio Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Haiti Health Initiative ($141k), Rachel Corrie Foundation for Peace and Justice ($142k) and Empowering Haiti Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.