Puerto Rican Community Center Inc

Analysis

Puerto Rican Community Center Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Puerto Rican Community Center Inc reported income of $1.5m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+17%), an average of +3.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Puerto Rican Community Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Seeds of Substance ($1.5m), Evansville Christian Life Center Inc ($1.5m) and Kid Pack Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. Other salaries and wages came to $836k. At year end it held assets of $1.3m against liabilities of $45k, net assets of $1.2m. It reported 23 employees.