Jucum Urbano Corporation

Analysis

Jucum Urbano Corporation is a registered charity in United States, based in Trujillo Alto, PR. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jucum Urbano Corporation reported income of $90k and spending of $93k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $68k to $90k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jucum Urbano Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 24th percentile within PR. Charities of a similar size with the same main cause include Plays on Word Inc ($90k), Iskcon Youth Ministries ($90k) and The Gathering Place Ahoskie ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $13k, net assets of $16k.

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.