Centro de Periodismo Investigativo Inc

Analysis

Centro de Periodismo Investigativo Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, Centro de Periodismo Investigativo Inc reported income of $2.5m and spending of $1.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.5m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 79% 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 de Periodismo Investigativo Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 83rd percentile within PR. Charities of a similar size with the same main cause include Potlatch Fund ($2.5m), Staten Island Institute of Arts and Sciences ($2.5m) and Open Imagery Network Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $83k (4.3% of expenses). Other salaries and wages came to $736k. At year end it held assets of $2.7m against liabilities of $61k, net assets of $2.6m. It reported 19 employees.