Fundacion Felisa Rincon de Gautier

Analysis

Fundacion Felisa Rincon de Gautier is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 1986, 40 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, Fundacion Felisa Rincon de Gautier reported income of $115k and spending of $242k, spending 210% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $240k to $115k (-52%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fundacion Felisa Rincon de Gautier sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 28th percentile within PR. Charities of a similar size with the same main cause include Northcliffe Interdenominational Community Church ($115k), South Central Blind Association ($115k) and Winton Place Youth Committee ($115k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $54k. At year end it held assets of $1.5m against liabilities of $9,086, net assets of $1.5m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.