Educational Center for the Blind and the Handicapped of Puerto Rico

Analysis

Educational Center for the Blind and the Handicapped of Puerto Rico is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Educational Center for the Blind and the Handicapped of Puerto Rico reported income of $53k and spending of $63k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $53k (-66%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 172% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Educational Center for the Blind and the Handicapped of Puerto Rico sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within PR. Charities of a similar size with the same main cause include Marlene Yu Museum ($53k), Jimmy Jack Foundation ($53k) and Pierce Arrow Foundation ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $3,551 (5.7% of expenses). At year end it held assets of $435k against liabilities of $301k, net assets of $133k. 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.