Edp University of Puerto Rico Inc

Analysis

Edp University of Puerto Rico Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in July 2009, 17 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, Edp University of Puerto Rico Inc reported income of $42.5m and spending of $36.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.6m to $42.5m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edp University of Puerto Rico Inc 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 98th percentile, and in the 97th percentile within PR. Charities of a similar size with the same main cause include Foundation for Advanced Education in the Sciences Inc ($42.4m), Hmong Academy ($42.5m) and Middlesex School ($42.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $290k (0.8% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $42.3m against liabilities of $15.1m, net assets of $27.1m. It reported 529 employees.