Carrusel En LA Sebastiana Corp

Analysis

Carrusel En LA Sebastiana Corp is a registered charity in United States, based in Guaynabo, PR. It received its IRS tax-exemption ruling in February 2016, 10 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, Carrusel En LA Sebastiana Corp reported income of $369k and spending of $342k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $369k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carrusel En LA Sebastiana Corp sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 49th percentile within PR. Charities of a similar size with the same main cause include Visk Inc ($369k), Emily Whitehead Foundation ($369k) and Npa Foundation ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $42k (12% of expenses). Other salaries and wages came to $76k. At year end it held assets of $124k against liabilities of $44k, net assets of $79k. It reported 4 employees.