Pontifical Catholic University of Puerto Rico
Analysis
Pontifical Catholic University of Puerto Rico is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pontifical Catholic University of Puerto Rico reported income of $81.2m and spending of $64.1m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $71.6m to $81.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pontifical Catholic University of Puerto Rico sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PR. Charities of a similar size with the same main cause include Texas a & M Research Foundation ($81.1m), California Virtual Academies at Los Angeles ($81.4m) and Insight Pa Cyber Charter School ($81.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $734k (1.1% of expenses). Other salaries and wages came to $34.0m. At year end it held assets of $175.3m against liabilities of $21.6m, net assets of $153.7m. It reported 1,280 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 68%
- Other 8.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Texas a & M Research Foundation | College Sta | $81.1m |
| California Virtual Academies at Los Angeles | Simi Valley | $81.4m |
| Insight Pa Cyber Charter School | Exton | $81.0m |
| Kinkaid School Inc | Houston | $81.5m |