Red Pot Los Derechos de LA Ninez Y Juventud de Puerto Rico Inc

Analysis

Red Pot Los Derechos de LA Ninez Y Juventud de Puerto Rico Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Red Pot Los Derechos de LA Ninez Y Juventud de Puerto Rico Inc reported income of $9.3m and spending of $9.6m, spending 104% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $457k to $9.3m (+1936%), an average of +112% a year. The sharpest change came in the year to June 2022, when income rose by 1010%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Red Pot Los Derechos de LA Ninez Y Juventud de Puerto Rico Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 92nd percentile within PR. Charities of a similar size with the same main cause include Central Susquehanna Opportunities Inc ($9.3m), Westerville Industry and Commerce Corpor ($9.3m) and Advantix Development Corporation ($9.3m).

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 $3.8m. At year end it held assets of $7.2m against liabilities of $891k, net assets of $6.3m. It reported 166 employees.