Regalitos Foundation of Florida Inc

Analysis

Regalitos Foundation of Florida Inc is a registered charity in United States, based in Satellite BCH, FL. It received its IRS tax-exemption ruling in March 2019, 7 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, Regalitos Foundation of Florida Inc reported income of $243k and spending of $279k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $238k to $243k (+2.1%), an average of +1.0% a year. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Regalitos Foundation of Florida Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Jefferson County United Way Inc ($243k), Mark Messier Foundation Inc ($243k) and Real Estate One Charitable FDN ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $47k against liabilities of $24k, net assets of $23k.