Intercambios Puerto Rico Inc

Analysis

Intercambios Puerto Rico Inc is a registered charity in United States, based in Fajardo, PR. It received its IRS tax-exemption ruling in February 2012, 14 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 June 2023, Intercambios Puerto Rico Inc reported income of $1.8m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from June 2018 to June 2023, income grew from $391k to $1.8m (+349%), an average of +46% a year. The sharpest change came in the year to June 2019, when income rose by 152%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Intercambios Puerto Rico Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 79th percentile within PR. Charities of a similar size with the same main cause include Castle Ridge Behavioral Health Corp ($1.8m), Pakistan Childrens Heart Foundation North America Inc ($1.8m) and Thrivewell Cancer Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (5.4% of expenses). Other salaries and wages came to $826k. At year end it held assets of $1.0m against liabilities of $709k, net assets of $324k. It reported 24 employees.