Puerto Rico Legal Services Incorporated

Analysis

Puerto Rico Legal Services Incorporated is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 1992, 34 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 December 2023, Puerto Rico Legal Services Incorporated reported income of $22.4m and spending of $20.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.1m to $22.4m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Puerto Rico Legal Services Incorporated 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 97th percentile, and in the 95th percentile within PR. Charities of a similar size with the same main cause include Tulsa Psychiatric Center Inc ($22.4m), Blood Bank of Hawaii ($22.4m) and Villa of Hope ($22.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $771k (3.9% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $25.4m against liabilities of $8.8m, net assets of $16.6m. It reported 200 employees.