Fundacion de Culebra Inc

Analysis

Fundacion de Culebra Inc is a registered charity in United States, based in Culebra, PR. It received its IRS tax-exemption ruling in May 2015, 11 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, Fundacion de Culebra Inc reported income of $157k and spending of $148k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $244k to $157k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fundacion de Culebra Inc sits at the 54th percentile: it is larger than about 54% 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 Butler County Historical Society ($157k), Singnasium Inc ($157k) and Hoodoo Art Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $654k against liabilities of $6,183, net assets of $647k.