Universidad Central de Bayamon Inc

Analysis

Universidad Central de Bayamon Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in January 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Universidad Central de Bayamon Inc reported income of $9.3m and spending of $10.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.6m to $9.3m (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. 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, Universidad Central de Bayamon Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 92nd percentile within PR. Charities of a similar size with the same main cause include Mdi Government Service Inc ($9.3m), YWCA Hartford Region Inc ($9.3m) and Young Womens Christian Association of Cleveland Ohio ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 60% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $30.3m against liabilities of $11.5m, net assets of $18.8m. It reported 170 employees.