Conprmetidos

Analysis

Conprmetidos is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Conprmetidos reported income of $937k and spending of $755k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.3m to $937k (-60%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Conprmetidos sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 69th percentile within PR. Charities of a similar size with the same main cause include Junior League of Long Island Inc ($936k), Jefferson Facilities Inc ($938k) and Nareit Foundation ($936k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $80k (11% of expenses). Other salaries and wages came to $138k. At year end it held assets of $1.3m against liabilities of $170k, net assets of $1.2m. It reported 5 employees.