Fundacion Mi Gran Sueno

Analysis

Fundacion Mi Gran Sueno is a registered charity in United States, based in Aguada, PR. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Mi Gran Sueno reported income of $545k and spending of $521k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $348k to $545k (+57%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion Mi Gran Sueno sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 57th percentile within PR. Charities of a similar size with the same main cause include Freedom Academy I Inc ($545k), Center for Family Services ($545k) and Wee Care Child Care Center of East Falls ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $61k (12% of expenses). At year end it held assets of $121k against liabilities of $0, net assets of $121k. It reported 5 employees.