Make-A-Wish Foundation of Puerto Rico

Analysis

Make-A-Wish Foundation of Puerto Rico is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Make-A-Wish Foundation of Puerto Rico reported income of $1.5m and spending of $1.2m, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.5m (+20%), an average of +4.7% a year. The sharpest change came in the year to August 2022, when income rose by 73%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Make-A-Wish Foundation of Puerto Rico sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within AZ. Charities of a similar size with the same main cause include University of the Andes Foundation Inc ($1.5m), South Florida Prof Golf Assoc Charitable Foundation ($1.5m) and Bryan Area Foundation ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $86k (7.4% of expenses). Other salaries and wages came to $106k. At year end it held assets of $1.7m against liabilities of $64k, net assets of $1.7m. It reported 5 employees.