Fundacion Sila M Calderon Inc

Analysis

Fundacion Sila M Calderon Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in November 2006, 20 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 December 2023, Fundacion Sila M Calderon Inc reported income of $3.6m and spending of $3.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.6m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion Sila M Calderon Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 86th percentile within PR. Charities of a similar size with the same main cause include Womens Resource Center for the Grand Traverse Area ($3.6m), Streetlight Community Outreach Ministries ($3.6m) and Central City Neighborhood Partners ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $480k (14% of expenses). Other salaries and wages came to $998k. At year end it held assets of $8.3m against liabilities of $1.1m, net assets of $7.2m. It reported 50 employees.