Asamblea Familiar Virgilio Davila Inc

Analysis

Asamblea Familiar Virgilio Davila Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Asamblea Familiar Virgilio Davila Inc reported income of $159k and spending of $205k, spending 129% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $148k to $159k (+7.4%), an average of +2.4% a year. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asamblea Familiar Virgilio Davila Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 33rd percentile within PR. Charities of a similar size with the same main cause include Jewish Empowerment Movement Inc ($159k), Evermore Academy LLC ($159k) and Dallas Senior Decats ($159k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $124k. At year end it held assets of $143k against liabilities of $7,056, net assets of $136k. It reported 15 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.