Fundacion Educamos Con Amor Inc

Analysis

Fundacion Educamos Con Amor Inc is a registered charity in United States, based in Corozal, PR. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fundacion Educamos Con Amor Inc reported income of $77k and spending of $94k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $77k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion Educamos Con Amor Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 21st percentile within PR. Charities of a similar size with the same main cause include Sinkland Farms Agricultural Center for Education and Experiential Dev ($77k), Feed the City Inc ($77k) and People Who Care Project ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. At year end it held assets of $30k against liabilities of $28, net assets of $30k.