Fundacion Modesto Gotay Pro Personas Con Discapacidad Intelect

Analysis

Fundacion Modesto Gotay Pro Personas Con Discapacidad Intelect is a registered charity in United States, based in Trujillo Alto, PR. It received its IRS tax-exemption ruling in February 1999, 27 years ago. 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 June 2023, Fundacion Modesto Gotay Pro Personas Con Discapacidad Intelect reported income of $390k and spending of $510k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $390k (-84%), an average of -37% a year. The sharpest change came in the year to June 2021, when income dropped by 80%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fundacion Modesto Gotay Pro Personas Con Discapacidad Intelect sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 50th percentile within PR. Charities of a similar size with the same main cause include Concord Youth Theatre Inc ($389k), Goldendale Community Housing Corp ($390k) and Healthy Newsworks ($389k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $161k. At year end it held assets of $2.7m against liabilities of $29k, net assets of $2.7m. It reported 25 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.