Marina Flamingo Foundation

Analysis

Marina Flamingo Foundation is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in November 2022, 4 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, Marina Flamingo Foundation reported income of $68k and spending of $102k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $68k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 56% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marina Flamingo Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include One World Brigades ($68k), Sociedad Amigos de Colombia de Indiana Inc Sadco ($68k) and Mengo Hospital Partners ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.