Corporacion de Servicios de Salud Y Desarrollo Socioeconomico El Otoao

Analysis

Corporacion de Servicios de Salud Y Desarrollo Socioeconomico El Otoao is a registered charity in United States, based in Utuado, PR. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Corporacion de Servicios de Salud Y Desarrollo Socioeconomico El Otoao reported income of $507k and spending of $387k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $596k to $507k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Corporacion de Servicios de Salud Y Desarrollo Socioeconomico El Otoao sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 56th percentile within PR. Charities of a similar size with the same main cause include Timeslips Creative Storytelling Inc ($507k), Friends of the National Institute of Nursing Research ($507k) and New Hope Refuge ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $156k. At year end it held assets of $331k against liabilities of $2,031, net assets of $329k. It reported 12 employees.