Colegio de Tecnicos Y Mecanicos Automotrices de PR

Analysis

Colegio de Tecnicos Y Mecanicos Automotrices de PR is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Colegio de Tecnicos Y Mecanicos Automotrices de PR reported income of $285k and spending of $364k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $675k to $285k (-58%), an average of -19% a year. The sharpest change came in the year to June 2021, when income dropped by 45%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colegio de Tecnicos Y Mecanicos Automotrices de PR 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 61st percentile, and in the 44th percentile within PR. Charities of a similar size with the same main cause include Sonoma Country Day Parents ($285k), Women of Color Foundation ($285k) and Kenston K Club Inc ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 41% of the total. At year end it held assets of $543k against liabilities of $418k, net assets of $124k. It reported 8 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.