Puerto Rico Centro de Artes Y Tecno Logia Corp

Analysis

Puerto Rico Centro de Artes Y Tecno Logia Corp is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Puerto Rico Centro de Artes Y Tecno Logia Corp reported income of $2.3m and spending of $500k, leaving 78% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 551%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Puerto Rico Centro de Artes Y Tecno Logia Corp sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 82nd percentile within PR. Charities of a similar size with the same main cause include Sanborn Mills Inc ($2.3m), Marketing & Business Administration Research and Curriculum Center ($2.3m) and African-American Civil War Memorial Freedom Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $115k. At year end it held assets of $4.3m against liabilities of $56k, net assets of $4.3m.