Colegio San Jose Marianist Corp

Analysis

Colegio San Jose Marianist Corp is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in August 2010, 16 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 2024, Colegio San Jose Marianist Corp reported income of $5.7m and spending of $6.2m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $5.9m to $5.7m (-3.3%), an average of -0.8% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colegio San Jose Marianist Corp sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 89th percentile within PR. Charities of a similar size with the same main cause include Tnachieves ($5.7m), Virginia Commonwealth University School of Business Foundation ($5.7m) and Edsource Inc ($5.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $75k (1.2% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $10.1m against liabilities of $2.2m, net assets of $7.9m. It reported 67 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.