Red Caribena de Varamientos -Caribbean Stranding Network Inc-

Analysis

Red Caribena de Varamientos -Caribbean Stranding Network Inc- is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Red Caribena de Varamientos -Caribbean Stranding Network Inc- reported income of $921k and spending of $873k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $921k (+219%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Red Caribena de Varamientos -Caribbean Stranding Network Inc- sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 68th percentile within PR. Charities of a similar size with the same main cause include Petworks Animal Services Inc ($920k), Adams County Society for the Prevention of Cruelty to Animals ($921k) and Missouri Forget-Me-Not Horse Rescue and Sanctuary ($919k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (4.4% of expenses). Other salaries and wages came to $53k. At year end it held assets of $443k against liabilities of $12k, net assets of $431k. It reported 1 employees.