Acueducto Rural Palmarito Cintron Inc

Analysis

Acueducto Rural Palmarito Cintron Inc is a registered charity in United States, based in Corozal, PR. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acueducto Rural Palmarito Cintron Inc reported income of $56k and spending of $42k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $56k (+7.6%), an average of +7.6% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acueducto Rural Palmarito Cintron Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within PR. Charities of a similar size with the same main cause include Fryeburg Academy TR Ua 121261 ($56k), North Side High School Alumni Association Inc ($56k) and Loris Blue Pride Club ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.