Aspira Inc de Puerto Rico

Analysis

Aspira Inc de Puerto Rico is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2023, Aspira Inc de Puerto Rico reported income of $4.8m and spending of $4.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $4.8m (-0.4%), an average of -0.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aspira Inc de Puerto Rico sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 88th percentile within PR. Charities of a similar size with the same main cause include Valley Housing Development Corporation ($4.8m), Paragon Support Systems Inc ($4.9m) and Camp Camino Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 49% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $6.2m against liabilities of $1.6m, net assets of $4.6m. It reported 137 employees.