Fundacion 15 de Septiembre Inc

Analysis

Fundacion 15 de Septiembre Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fundacion 15 de Septiembre Inc reported income of $52k and spending of $54k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $52k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion 15 de Septiembre Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include International Institute Community Development Corporation ($52k), Proton Pals Foundation ($52k) and Friends of the Cashin Baines Senior Activity Center Inc ($52k).

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 $1,168 against liabilities of $913, net assets of $255.