Centro de Servicios Ferran Inc

Analysis

Centro de Servicios Ferran Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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 2024, Centro de Servicios Ferran Inc reported income of $307k and spending of $201k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $122k to $307k (+150%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centro de Servicios Ferran Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 45th percentile within PR. Charities of a similar size with the same main cause include University of Wisconsin Stevens Point Paper Science Foundation Inc ($307k), Community Housing Services - Monticello Inc ($307k) and Des Moines RHF Housing Inc ($306k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $99k. At year end it held assets of $239k against liabilities of $1,450, net assets of $238k. It reported 11 employees.