Espas Kreyol

Analysis

Espas Kreyol is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2020, 6 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 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, Espas Kreyol reported income of $121k and spending of $113k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $121k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Espas Kreyol 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 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Sertoma Inc ($121k), Scfsha Charitable Organization ($121k) and Bowery Mission Foundation Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.