Construyendo Futuros Inc

Analysis

Construyendo Futuros Inc is a registered charity in United States, based in Sunny Isl BCH, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Construyendo Futuros Inc reported income of $1.2m and spending of $883k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $1.2m (+332%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 1235%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Construyendo Futuros Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Land Academy ($1.2m), Joyful Noise Inc ($1.2m) and Burlington Daycare Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $577k against liabilities of $0, net assets of $577k.