Sociedad Amigos Del Hep

Analysis

Sociedad Amigos Del Hep is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sociedad Amigos Del Hep reported income of $594k and spending of $559k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $552k to $594k (+7.5%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Sociedad Amigos Del Hep sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Potosi Volunteer Fire Department Inc ($594k), Zamzam Foundation Inc ($594k) and Philadelphia Steam Fire Engine Co No 1 of the Borough of Pottstown ($592k).

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 $264k against liabilities of $0, net assets of $264k.