Cambio PR Inc

Analysis

Cambio PR Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in October 2021, 5 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, Cambio PR Inc reported income of $181k and spending of $163k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $278k to $181k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cambio PR Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 35th percentile within PR. Charities of a similar size with the same main cause include Friends of Californians with Disabilities ($181k), Orphan & Widows Association ($181k) and SDHC Building Opportunities Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $216k against liabilities of $3,045, net assets of $213k.