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Movimiento Para El Alcance de Vida Independiente

RegisteredEIN 66-0446732San Juan, PRPoverty relief
Income$2.3m2023-09
Spending$2.3msame year
Spent / received216%5-year average
Size in its cause84th pctPoverty relief
Exempt since2000Publicly supported organisat
Employees78latest return

Analysis

Movimiento Para El Alcance de Vida Independiente is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in December 2000, 26 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 2023, Movimiento Para El Alcance de Vida Independiente reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 216% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Movimiento Para El Alcance de Vida Independiente sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 82nd percentile within PR. Charities of a similar size with the same main cause include Eleanor Whitmore Early Childhood Center Inc ($2.3m), Raise the Barr ($2.3m) and Shades of Development ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (3.1% of expenses). At year end it held assets of $881k against liabilities of $210k, net assets of $671k. It reported 78 employees.

Income and spending

$0$3.5m$6.9m$10.4m$13.8m2019 Income: $1,849,3152019 Spending: $2,006,62820192020 Income: $1,508,8082020 Spending: $13,816,15420202021 Income: $2,369,5022021 Spending: $2,165,88020212022 Income: $2,510,1592022 Spending: $2,433,90820222023 Income: $2,288,4872023 Spending: $2,294,7972023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Eleanor Whitmore Early Childhood Center IncEast Hampton$2.3m
Raise the BarrHawthorne$2.3m
Shades of DevelopmentKnoxville$2.3m
Street GraceNorcross$2.3m