Villa Asoc Jenaro Cortes

Analysis

Villa Asoc Jenaro Cortes is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in October 2021, 5 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, Villa Asoc Jenaro Cortes reported income of $806k and spending of $572k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $747k to $806k (+7.9%), an average of +7.9% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Asoc Jenaro Cortes sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 66th percentile within PR. Charities of a similar size with the same main cause include Monarch Villa Inc ($806k), David Adler Cultural Center ($806k) and Garden School Foundation Inc ($805k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $968k against liabilities of $232k, net assets of $736k. It reported 5 employees.