Fundacion Dr Raul Garcia Rinaldi

Analysis

Fundacion Dr Raul Garcia Rinaldi is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Fundacion Dr Raul Garcia Rinaldi reported income of $687k and spending of $682k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $598k to $687k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fundacion Dr Raul Garcia Rinaldi sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 61st percentile within PR. Charities of a similar size with the same main cause include Oklahoma Family Network Inc ($687k), Grand Nation Inc ($687k) and Fremont Health Foundation ($687k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $69k (10% of expenses). Other salaries and wages came to $24k. At year end it held assets of $482k against liabilities of $379k, net assets of $103k. It reported 3 employees.