Primer Acto Florida Foundation

Analysis

Primer Acto Florida Foundation is a registered charity in United States, based in Miami Springs, FL. It received its IRS tax-exemption ruling in November 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, Primer Acto Florida Foundation reported income of $107k and spending of $97k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $107k (-10%), an average of -10% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Primer Acto Florida Foundation 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 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Instepp Inc ($107k), Yad Menachem Letinok Inc ($107k) and Celebrities for Charity Inc ($107k).

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 $12k against liabilities of $0, net assets of $12k.