Rescate Playas Borinquen Corp

Analysis

Rescate Playas Borinquen Corp is a registered charity in United States, based in Aguadilla, PR. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Rescate Playas Borinquen Corp reported income of $133k and spending of $137k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $136k to $133k (-2.6%), an average of -1.3% a year. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Rescate Playas Borinquen Corp sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 31st percentile within PR. Charities of a similar size with the same main cause include Mississippi River Confluence Foundation ($133k), Jefferson Beautification Inc ($133k) and Advocates for Multi-Use of Public Lands ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (26% of expenses). At year end it held assets of $126k against liabilities of $3,030, net assets of $123k.