Corporacion Educativa Ramon Barquin

Analysis

Corporacion Educativa Ramon Barquin is a registered charity in United States, based in Guaynabo, PR. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Corporacion Educativa Ramon Barquin reported income of $7.4m and spending of $7.9m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $7.4m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corporacion Educativa Ramon Barquin sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within PR. Charities of a similar size with the same main cause include National Conference on Citizenship ($7.4m), Connecticut Student Loan Foundtion ($7.4m) and National Black Womens Health Project Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 85% of the total. Compensation of current officers, directors and key employees was $390k (4.9% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $10.5m against liabilities of $8.4m, net assets of $2.1m. It reported 244 employees.