Dr Luis Baez Diaz Breast Cancer Foundation of Puerto Rico

Analysis

Dr Luis Baez Diaz Breast Cancer Foundation of Puerto Rico is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Dr Luis Baez Diaz Breast Cancer Foundation of Puerto Rico reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income fell from $1.6m to $1.5m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2019, when income rose by 161%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dr Luis Baez Diaz Breast Cancer Foundation of Puerto Rico sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 77th percentile within PR. Charities of a similar size with the same main cause include Queer Asterisk ($1.5m), Liv Recovery Sober Living ($1.5m) and Inatai Community Fund ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $153k (14% of expenses). At year end it held assets of $2.6m against liabilities of $470k, net assets of $2.1m. It reported 6 employees.