Fundacion Tesoros de Amor

Analysis

Fundacion Tesoros de Amor is a registered charity in United States, based in Toa Baja, PR. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fundacion Tesoros de Amor reported income of $597k and spending of $194k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $272k to $597k (+119%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 581%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fundacion Tesoros de Amor sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 59th percentile within PR. Charities of a similar size with the same main cause include Page High School Athletic Booster Club ($597k), Friedrich Naumann Foundation ($597k) and Alray Taylor Second Chance Scholarship Fund Corporation ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $576k against liabilities of $0, net assets of $576k.