Centro Criollo de Ciencias Y Tecnologia Inc

Analysis

Centro Criollo de Ciencias Y Tecnologia Inc is a registered charity in United States, based in Caguas, PR. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Centro Criollo de Ciencias Y Tecnologia Inc reported income of $1.3m and spending of $1.8m, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.3m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centro Criollo de Ciencias Y Tecnologia 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 82nd percentile, and in the 75th percentile within PR. Charities of a similar size with the same main cause include Tacoma Youth Symphony Association Inc ($1.3m), Fusion Comp Crew ($1.3m) and Grace Museum Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $313k (18% of expenses). At year end it held assets of $998k against liabilities of $638k, net assets of $360k. It reported 9 employees.