Sistema Universitario Ana G Mendez Incorporado

Analysis

Sistema Universitario Ana G Mendez Incorporado is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in February 1981, 45 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 July 2023, Sistema Universitario Ana G Mendez Incorporado reported income of $204.5m and spending of $195.1m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $283.4m to $204.5m (-28%), an average of -7.8% a year. The sharpest change came in the year to July 2023, when income dropped by 33%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sistema Universitario Ana G Mendez Incorporado sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PR. Charities of a similar size with the same main cause include Berry College Inc ($202.8m), Occidental College ($205.1m) and Yeled V Yalda Early Childhood Center Inc ($202.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 19% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $5.0m (2.6% of expenses). Other salaries and wages came to $69.4m. At year end it held assets of $369.2m against liabilities of $108.0m, net assets of $261.2m. It reported 3,563 employees.