Fundacion Dar Inc

Analysis

Fundacion Dar Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in August 1994, 32 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 June 2023, Fundacion Dar Inc reported income of $72k and spending of $134k, spending 187% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $155k to $72k (-54%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 52%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion Dar Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 19th percentile within PR. Charities of a similar size with the same main cause include Nigton Historical Development Project ($72k), Wheelchairdancers Org ($72k) and Interfaith Help Services Inc ($72k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $230k against liabilities of $38k, net assets of $192k. It reported 5 employees.