Inter American Foreign Evangelical Missionaries Cultural Association
Analysis
Inter American Foreign Evangelical Missionaries Cultural Association is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).
In the financial year ending December 2022, Inter American Foreign Evangelical Missionaries Cultural Association reported income of $768k and spending of $779k, spending 101% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $846k to $768k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income rose by 537%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Inter American Foreign Evangelical Missionaries Cultural Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include American Federation of Teachers Educational Foundation ($768k), Partners in Routt County ($768k) and Ithaca Waldorf School ($768k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $122k. At year end it held assets of $610k against liabilities of $142k, net assets of $468k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Federation of Teachers Educational Foundation | Washington | $768k |
| Partners in Routt County | Steamboat SPR | $768k |
| Ithaca Waldorf School | Ithaca | $768k |
| Samaritan Hope Empowerment Services Inc | Pompano Beach | $768k |