Libre Infancia Inc

Analysis

Libre Infancia Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Libre Infancia Inc reported income of $59k and spending of $59k, spending 99% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $77k to $59k (-24%), an average of -24% a year. The sharpest change came in the year to September 2023, when income dropped by 24%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Libre Infancia Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Dale Ruritan Foundation Inc ($59k), John Brock Award ($59k) and St Lucie County Chamber of Commerce Foundation Inc ($59k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,185 against liabilities of $0, net assets of $1,185.