Puerto Rico Historic Building Drawing Society

Analysis

Puerto Rico Historic Building Drawing Society is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Puerto Rico Historic Building Drawing Society reported income of $136k and spending of $136k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $32k to $136k (+319%), an average of +33% a year. The sharpest change came in the year to December 2019, when income rose by 233%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Puerto Rico Historic Building Drawing Society 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 45th percentile, and in the 31st percentile within PR. Charities of a similar size with the same main cause include Pec Playhouse Theatre Inc ($136k), Ayodele Drum and Dance NFP ($136k) and Icelandic Roots ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (44% of expenses). At year end it held assets of $101k against liabilities of $165k, net assets of -$63k.