Spina Bifida & Hidrocephalus Association of Puerto Rico Inc

Analysis

Spina Bifida & Hidrocephalus Association of Puerto Rico Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Spina Bifida & Hidrocephalus Association of Puerto Rico Inc reported income of $223k and spending of $269k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $311k to $223k (-28%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spina Bifida & Hidrocephalus Association of Puerto Rico Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 39th percentile within PR. Charities of a similar size with the same main cause include A Thousand Joys Inc ($223k), Methodist Dallas Medical Center Auxiliary ($223k) and Morris Hosital Auxiliary ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $10k. At year end it held assets of $240k against liabilities of $18k, net assets of $222k.