Fundacion Educativa Concepcion

Analysis

Fundacion Educativa Concepcion is a registered charity in United States, based in Fajardo, PR. It received its IRS tax-exemption ruling in July 2015, 11 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 June 2023, Fundacion Educativa Concepcion reported income of $2.2m and spending of $1.9m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.2m (+25%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fundacion Educativa Concepcion sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 81st percentile within PR. Charities of a similar size with the same main cause include Little Land Childrens Learning ($2.2m), Sharing and Technology Enhancing Local Library Access ($2.2m) and Blue Valley Educational Foundation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $85k (4.6% of expenses). Other salaries and wages came to $928k. At year end it held assets of $3.0m against liabilities of $211k, net assets of $2.8m. It reported 65 employees.