Fundacion Hospital Pediatrico

Analysis

Fundacion Hospital Pediatrico is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover health care, 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 March 2023, Fundacion Hospital Pediatrico reported income of $982k and spending of $1.1m, spending 114% of what it took in. Across the 6 years on record, from March 2017 to March 2023, income grew from $188k to $982k (+423%), an average of +39% a year. The sharpest change came in the year to March 2022, when income rose by 160%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fundacion Hospital Pediatrico sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 70th percentile within PR. Charities of a similar size with the same main cause include The Marty Lyons Foundation Inc ($982k), International Society for Minimally Invasive Cardiac Surgery ($982k) and Growing Place Center for Helping People ($982k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $130k (12% of expenses). It paid $121k in professional fundraising fees. At year end it held assets of $609k against liabilities of $34k, net assets of $576k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.