Puertorrican Culture Preservation

Analysis

Puertorrican Culture Preservation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in June 2011, 15 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 December 2023, Puertorrican Culture Preservation reported income of $117k and spending of $12k, leaving 90% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $81k to $117k (+44%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Puertorrican Culture Preservation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include North County Dance and Performing Arts Foundation ($117k), Cimarron Heritage Center ($117k) and Amherst Ballet Theatre Company Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.