Taller Comunidad LA Goyco Inc

Analysis

Taller Comunidad LA Goyco Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 2019, 7 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, Taller Comunidad LA Goyco Inc reported income of $1.1m and spending of $639k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.8m to $1.1m (-61%), an average of -27% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 24% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Taller Comunidad LA Goyco Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 72nd percentile within PR. Charities of a similar size with the same main cause include Northside Residents Redevelopment Council Inc ($1.1m), In-2-Market Inc ($1.1m) and Innocence Project of Texas ($1.1m).

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 $130k. At year end it held assets of $3.4m against liabilities of $38k, net assets of $3.4m. It reported 5 employees.