Cuban American Bar Foundation Inc

Analysis

Cuban American Bar Foundation Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in July 2010, 16 years ago. 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, Cuban American Bar Foundation Inc reported income of $153k and spending of $63k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $153k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 1501%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cuban American Bar Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Life Skills Foundation ($153k), PTA California Congress of Parents Teachers & Students Inc ($153k) and Front Rangers Cycling Club Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 293% of the total. At year end it held assets of $881k against liabilities of $3,006, net assets of $878k.