Abs-Cbn Foundation International

Analysis

Abs-Cbn Foundation International is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in October 1998, 28 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 (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, Abs-Cbn Foundation International reported income of $262k and spending of $360k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $538k to $262k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Abs-Cbn Foundation International sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Executive Director Network Inc ($262k), Residents Association of Carlsbad by the Sea Inc ($262k) and The Dominguez Dream in Memory of H Frank Dominguez ($262k).

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 $108k (30% of expenses). Other salaries and wages came to $71k. At year end it held assets of $182k against liabilities of $29k, net assets of $153k.