Centro Ramon Frade Para Personas de Edad Inc

Analysis

Centro Ramon Frade Para Personas de Edad Inc is a registered charity in United States, based in Cayey, PR. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Centro Ramon Frade Para Personas de Edad Inc reported income of $258k and spending of $275k, spending 106% of what it took in. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centro Ramon Frade Para Personas de Edad Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 42nd percentile within PR. Charities of a similar size with the same main cause include Cammack Charitable Trust 9371125300 ($258k), Sisters Helping Sisters Fishing Tournament ($258k) and Bethesda Help ($258k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (11% of expenses). Other salaries and wages came to $130k. At year end it held assets of $483k against liabilities of $157k, net assets of $326k. It reported 10 employees.