American College of Puerto Rico Inc

Analysis

American College of Puerto Rico Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in July 1980, 46 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, American College of Puerto Rico Inc reported income of $6.3m and spending of $8.9m, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.4m to $6.3m (-44%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American College of Puerto Rico Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within PR. Charities of a similar size with the same main cause include John W Rex Charter Elementary School Inc ($6.3m), Sunrise of Philadelphia ($6.3m) and Ascend Leadership Academy Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $12.5m against liabilities of $6.4m, net assets of $6.1m. It reported 172 employees.