Sociedad Espanola de Auxilio Mutuo Y Beneficencia de Puerto Rico

Analysis

Sociedad Espanola de Auxilio Mutuo Y Beneficencia de Puerto Rico is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Sociedad Espanola de Auxilio Mutuo Y Beneficencia de Puerto Rico reported income of $43.0m and spending of $40.2m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $49.1m to $43.0m (-12%), an average of -3.3% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sociedad Espanola de Auxilio Mutuo Y Beneficencia de Puerto Rico sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PR. Charities of a similar size with the same main cause include South Carolina Episcopal Home at Still Hopes ($43.0m), Great River Health System Inc ($43.0m) and California Pacific Medical Center Foundation ($43.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. Other salaries and wages came to $761k. At year end it held assets of $224.2m against liabilities of $75.6m, net assets of $148.7m. It reported 19 employees.