Fundacion Pro-Ayuda de Puerto Rico Inc

Analysis

Fundacion Pro-Ayuda de Puerto Rico Inc is a registered charity in United States, based in Guaynabo, PR. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Fundacion Pro-Ayuda de Puerto Rico Inc reported income of $109k and spending of $124k, spending 113% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $179k to $109k (-39%), an average of -12% a year. The sharpest change came in the year to April 2021, when income dropped by 44%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion Pro-Ayuda de Puerto Rico Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 27th percentile within PR. Charities of a similar size with the same main cause include Franciscan Monastery Garden Guild ($109k), McSy Qalicb YMCA ($109k) and Omega Men of Columbia South Carolina Inc ($109k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $21k. At year end it held assets of $657k against liabilities of $78k, net assets of $579k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.