Paluz Corpss

Analysis

Paluz Corpss is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Paluz Corpss reported income of $1.7m and spending of $1.6m, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.0m to $1.7m (+68%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Paluz Corpss 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 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include The Sumba Foundation ($1.7m), Nadias Initiative Inc ($1.7m) and Partners for Care Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (2.0% of expenses). Other salaries and wages came to $457k. At year end it held assets of $898k against liabilities of $0, net assets of $898k. It reported 117 employees.