LA Casa de LA Herencia Cultural Puertorriquena Inc

Analysis

LA Casa de LA Herencia Cultural Puertorriquena Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, LA Casa de LA Herencia Cultural Puertorriquena Inc reported income of $66k and spending of $64k, spending 97% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $37k to $66k (+78%), an average of +78% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA Casa de LA Herencia Cultural Puertorriquena Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Bach Collegium-Fort Wayne Inc ($66k), Rudd Historical Society ($66k) and East Tennessee Veterans Memorial Association ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.