Instituto Nueva Escuela

Analysis

Instituto Nueva Escuela is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Instituto Nueva Escuela reported income of $8.6m and spending of $9.4m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $8.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Instituto Nueva Escuela sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within PR. Charities of a similar size with the same main cause include Sfusa ($8.6m), College and University Professional Association for Human Resources ($8.6m) and Preeminent Charter School Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $2.3m against liabilities of $591k, net assets of $1.7m. It reported 438 employees.