Fundaprocura Inc

Analysis

Fundaprocura Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 2018, 8 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, Fundaprocura Inc reported income of $112k and spending of $37k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $112k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundaprocura Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Horace Holmes Ministries Inc ($112k), Girls Rock North Carolina ($112k) and Stop Abuse for Everyone ($112k).

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 $382k against liabilities of $2,286, net assets of $380k.