Borincana Foundation Inc

Analysis

Borincana Foundation Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Borincana Foundation Inc reported income of $812k and spending of $669k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $289k to $812k (+181%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Borincana Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 66th percentile within PR. Charities of a similar size with the same main cause include North Carolina Environmental Justice Network ($810k), Land Empowerment Animals People ($812k) and River Bend Nature Works ($809k).

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 $345k. At year end it held assets of $579k against liabilities of $352k, net assets of $227k. It reported 7 employees.