Venprendedoras Foundation Inc

Analysis

Venprendedoras Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Venprendedoras Foundation Inc reported income of $92k and spending of $76k, spending 82% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $11k to $92k (+761%), an average of +761% a year. The sharpest change came in the year to December 2023, when income rose by 761%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Venprendedoras Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include North Fork Boosters ($92k), Rotary Foundation of the Stoningtons Inc ($92k) and Genoa Area Chamber of Commerce Foundation ($92k).

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 $23k against liabilities of $0, net assets of $23k.