Carlos Albizu University Inc

Analysis

Carlos Albizu University Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Carlos Albizu University Inc reported income of $42.0m and spending of $41.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.6m to $42.0m (+21%), an average of +4.9% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carlos Albizu University Inc sits at the 98th percentile: it is larger than about 98% 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 Achievement First Inc ($41.9m), Santa Fe South Schools Inc ($42.0m) and Alliance University ($41.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 72% of the total. Other salaries and wages came to $21.1m. At year end it held assets of $57.2m against liabilities of $15.6m, net assets of $41.6m. It reported 290 employees.