Tasis Dorado Educational Foundation Inc

Analysis

Tasis Dorado Educational Foundation Inc is a registered charity in United States, based in Dorado, PR. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tasis Dorado Educational Foundation Inc reported income of $19.9m and spending of $14.0m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $19.9m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tasis Dorado Educational Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within PR. Charities of a similar size with the same main cause include The Orange Bowl Committee Inc ($19.9m), Lexington School Inc ($19.9m) and Belmont Day School Inc ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $218k (1.6% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $36.4m against liabilities of $11.0m, net assets of $25.4m. It reported 182 employees.