Pro Viviendas IV Inc

Analysis

Pro Viviendas IV 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 (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, Pro Viviendas IV Inc reported income of $1.9m and spending of $2.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.9m (-15%), an average of -3.9% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pro Viviendas IV 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 Winchester Retirement Place Inc ($1.9m), The Lena and David T Wilentz Senior Residence Inc ($1.9m) and Noahs Ark-Affordable Housing Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $30k (1.5% of expenses). At year end it held assets of $7.6m against liabilities of $1.8m, net assets of $5.8m.