Asociacion Mayaguezana de Personas Con Inpedimentos Inc Proyecto

Analysis

Asociacion Mayaguezana de Personas Con Inpedimentos Inc Proyecto is a registered charity in United States, based in Mayaguez, PR. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asociacion Mayaguezana de Personas Con Inpedimentos Inc Proyecto reported income of $587k and spending of $533k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $587k (-45%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 69%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asociacion Mayaguezana de Personas Con Inpedimentos Inc Proyecto sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 58th percentile within PR. Charities of a similar size with the same main cause include Dog Tag Buddies ($587k), Young Mens Christian Association of Selma Alabama ($587k) and Medical Home Plus Inc ($587k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $226k. At year end it held assets of $265k against liabilities of $155k, net assets of $110k.