Puerto Rican High School

Analysis

Puerto Rican High School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Puerto Rican High School reported income of $2.9m and spending of $2.6m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $2.9m (+6.5%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Puerto Rican High School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Physicians Careconnection ($2.9m), Family Resource Associates Inc ($2.9m) and Pee Dee Academy ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (3.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $965k against liabilities of $78k, net assets of $888k. It reported 40 employees.