Caribbean 12 Step Inc

Analysis

Caribbean 12 Step Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Caribbean 12 Step Inc reported income of $211k and spending of $248k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $377k to $211k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caribbean 12 Step Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 39th percentile within PR. Charities of a similar size with the same main cause include Shalom Center Inc ($211k), Nor Lea Foundation Inc ($211k) and Society of Experimental Social Psychology Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. Other salaries and wages came to $57k. It paid $27k in professional fundraising fees. At year end it held assets of $619k against liabilities of $50k, net assets of $570k. It reported 10 employees.