Paraiso Infantil Inc

Analysis

Paraiso Infantil Inc is a registered charity in United States, based in San Antonio, PR. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paraiso Infantil Inc reported income of $1.1m and spending of $713k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.3m to $1.1m (-14%), an average of -14% a year. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paraiso Infantil Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 73rd percentile within PR. Charities of a similar size with the same main cause include Black Youth Leadership Project ($1.1m), D C Everest Education Foundation Inc ($1.1m) and Odyssey Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 24% of the total. Other salaries and wages came to $169k. At year end it held assets of $1.6m against liabilities of $334k, net assets of $1.2m.