Fundacion Coamenos Por LA Ninez Inc

Analysis

Fundacion Coamenos Por LA Ninez Inc is a registered charity in United States, based in Coamo, PR. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Coamenos Por LA Ninez Inc reported income of $58k and spending of $54k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $31k to $58k (+87%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 2142%. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion Coamenos Por LA Ninez Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within PR. Charities of a similar size with the same main cause include Velle Cares Foundation Inc ($58k), Pathways Unplanned Pregnancy Help Center Inc ($58k) and Connecticut Association of Adult Day Centers Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $459, net assets of $12k.