Prospects Del Futuro PDF Foundation Inc

Analysis

Prospects Del Futuro PDF Foundation Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Prospects Del Futuro PDF Foundation Inc reported income of $721k and spending of $6,274, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $721k (+4919%), an average of +4919% a year. The sharpest change came in the year to December 2023, when income rose by 4919%. Over the whole period it spent 3.2% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Prospects Del Futuro PDF Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Chance Sports ($720k), Hunter Soccer Club ($721k) and Neighborhood Resource Center ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $744k against liabilities of $2,850, net assets of $742k.