Centro Pro Vida Independiente Inc

Analysis

Centro Pro Vida Independiente Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Centro Pro Vida Independiente Inc reported income of $367k and spending of $384k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $425k to $367k (-14%), an average of -3.6% a year. The sharpest change came in the year to September 2023, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centro Pro Vida Independiente Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 49th percentile within PR. Charities of a similar size with the same main cause include N B C U S a Housing Inc Thirteen ($367k), Yarnell Regional Community Center ($367k) and Gizmo-Cda Inc ($367k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (9.4% of expenses). Other salaries and wages came to $193k. At year end it held assets of $73k against liabilities of $31k, net assets of $42k. It reported 13 employees.