Vamos Concertacion Ciudadana Inc

Analysis

Vamos Concertacion Ciudadana Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in August 2022, 4 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, Vamos Concertacion Ciudadana Inc reported income of $168k and spending of $233k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $255k to $168k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vamos Concertacion Ciudadana Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 34th percentile within PR. Charities of a similar size with the same main cause include Greater Logan County Area Community Improvement Corporation ($168k), Berlin Community Development Corporation ($168k) and Friends of the Wake County Guardian Ad Litem Program ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $79k against liabilities of $6,205, net assets of $73k.