Fundacion de Esclerosis Multiple de Puerto Rico Inc

Analysis

Fundacion de Esclerosis Multiple de Puerto Rico Inc is a registered charity in United States, based in Guaynabo, PR. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Fundacion de Esclerosis Multiple de Puerto Rico Inc reported income of $495k and spending of $413k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $495k (+25%), an average of +5.7% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fundacion de Esclerosis Multiple de Puerto Rico Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 56th percentile within PR. Charities of a similar size with the same main cause include Myositis Support and Understanding Association ($495k), Soul Ryeders Inc ($495k) and Humanity United with God for Society Inc ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $77k (19% of expenses). Other salaries and wages came to $56k. At year end it held assets of $648k against liabilities of $155k, net assets of $493k. It reported 4 employees.