Pro Viviendas II Inc

Analysis

Pro Viviendas II Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pro Viviendas II Inc reported income of $2.0m and spending of $2.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+2.8%), an average of +0.7% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pro Viviendas II Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 80th percentile within PR. Charities of a similar size with the same main cause include Agape Resource & Assistance Center Inc ($2.0m), Ryer Avenue Housing Development Fund Corp ($2.0m) and Jersey City Uaw Senior Citizens Housing a Non Profit Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $30k (1.4% of expenses). At year end it held assets of $7.0m against liabilities of $3.8m, net assets of $3.2m.