Centro de Servicios a LA Juventud Inc

Analysis

Centro de Servicios a LA Juventud Inc is a registered charity in United States, based in Arecibo, PR. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Centro de Servicios a LA Juventud Inc reported income of $672k and spending of $809k, spending 120% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income fell from $9.4m to $672k (-93%), an average of -41% a year. The sharpest change came in the year to September 2023, when income dropped by 90%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centro de Servicios a LA Juventud Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 61st percentile within PR. Charities of a similar size with the same main cause include Think Dignity ($672k), Orono Foundation for Education ($672k) and Colegio Christiano En Nicaragua Inc ($672k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $64k (7.9% of expenses). Other salaries and wages came to $272k. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 25 employees.