Instituto de Psicotraumatologia de PR

Analysis

Instituto de Psicotraumatologia de PR is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Instituto de Psicotraumatologia de PR reported income of $491k and spending of $464k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $690k to $491k (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Instituto de Psicotraumatologia de PR 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 70th percentile, and in the 56th percentile within PR. Charities of a similar size with the same main cause include Hope 1312 Collective Inc ($491k), Milan Seniors for Healthy Living ($491k) and St Francis Xavier Conference of St Vincent de Paul ($491k).

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 $117k. At year end it held assets of $151k against liabilities of $174k, net assets of -$23k. It reported 4 employees.