Mentes Puertorriquenas En Accion Inc

Analysis

Mentes Puertorriquenas En Accion Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mentes Puertorriquenas En Accion Inc reported income of $981k and spending of $772k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $280k to $981k (+250%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mentes Puertorriquenas En Accion Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 70th percentile within PR. Charities of a similar size with the same main cause include Camp Fire ($981k), National Association of University Women ($981k) and Habitat for Humanity International Inc ($981k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $725k against liabilities of $98k, net assets of $627k.