Caribbean Consolidated Schools Inc

Analysis

Caribbean Consolidated Schools Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in September 2005, 21 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 2023, Caribbean Consolidated Schools Inc reported income of $12.1m and spending of $10.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $12.1m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caribbean Consolidated Schools Inc 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 96th percentile, and in the 93rd percentile within PR. Charities of a similar size with the same main cause include Neighbours Inc ($12.1m), Pacific View Charter School ($12.1m) and Legacy Traditional School - Gilbert ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $14.2m against liabilities of $3.5m, net assets of $10.7m. It reported 150 employees.