Mochileando 100x35

Analysis

Mochileando 100x35 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 public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Mochileando 100x35 reported income of $73k and spending of $78k, spending 108% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 88% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Mochileando 100x35 sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 20th percentile within PR. Charities of a similar size with the same main cause include Hardyville Volunteer Fire Department Inc ($73k), South Unicoi County Volunteer Fire Department Incorporated ($73k) and Parryville Volunteer Fire Company No 2 ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $44k against liabilities of $4,803, net assets of $39k.