Centro San Francisco Inc

Analysis

Centro San Francisco Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in February 2013, 13 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, Centro San Francisco Inc reported income of $1.1m and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.1m (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2020, when income dropped by 60%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centro San Francisco Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 72nd percentile within PR. Charities of a similar size with the same main cause include Home Works - THVP ($1.1m), Friends of Hec Inc ($1.1m) and Blue Hill Public Library Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 3.3% of the total. Other salaries and wages came to $417k. At year end it held assets of $674k against liabilities of $207k, net assets of $467k. It reported 29 employees.