Servicios de Salud Primarios de

Analysis

Servicios de Salud Primarios de is a registered charity in United States, based in Barceloneta, PR. It received its IRS tax-exemption ruling in March 1991, 35 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Servicios de Salud Primarios de reported income of $32.4m and spending of $29.5m, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $18.8m to $32.4m (+73%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Servicios de Salud Primarios de sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within PR. Charities of a similar size with the same main cause include Hartford Dispensary ($32.4m), Rite of Passage Adolescent Treatment Centers and Schools Inc ($32.5m) and Miami Cerebral Palsy Residential Services Inc ($32.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $612k (2.1% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $35.7m against liabilities of $948k, net assets of $34.8m. It reported 169 employees.