Parceleras Afrocaribenas Por LA Transformacion Barrial Inc

Analysis

Parceleras Afrocaribenas Por LA Transformacion Barrial Inc is a registered charity in United States, based in Saint Just, PR. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parceleras Afrocaribenas Por LA Transformacion Barrial Inc reported income of $423k and spending of $315k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $423k (+105%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parceleras Afrocaribenas Por LA Transformacion Barrial Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 52nd percentile within PR. Charities of a similar size with the same main cause include Joelton Hope Center ($423k), Cumberland Valley Volunteer Firemens Association ($423k) and Madison County House of Hope Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $711k against liabilities of $3,027, net assets of $708k.