Fundacion Puertorriquena de Enfermedades Reumaticas Inc

Analysis

Fundacion Puertorriquena de Enfermedades Reumaticas Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Puertorriquena de Enfermedades Reumaticas Inc reported income of $77k and spending of $125k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $77k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 143% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fundacion Puertorriquena de Enfermedades Reumaticas Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 20th percentile within PR. Charities of a similar size with the same main cause include Abiding Hearts Home Care Inc ($77k), Center for Progressive Development ($77k) and Arc of North Central Virginia Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $1,064, net assets of $97k.