Punta Borinquen Golf and Country Club Inc

Analysis

Punta Borinquen Golf and Country Club Inc is a registered charity in United States, based in Aguadilla, PR. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Punta Borinquen Golf and Country Club Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.0m to $1.1m (+7.1%), an average of +3.5% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Punta Borinquen Golf and Country Club Inc sits at the 93rd percentile: it is larger than about 93% 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 Essence Girls Basketball Program Incorporated ($1.1m), Country Place Ministries ($1.1m) and Skate Like a Girl ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $408k. At year end it held assets of $812k against liabilities of $309k, net assets of $503k. It reported 35 employees.