Instituto de Libertad Economica Para Puerto Rico Inc

Analysis

Instituto de Libertad Economica Para Puerto Rico Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 2020, 6 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, Instituto de Libertad Economica Para Puerto Rico Inc reported income of $335k and spending of $244k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $120k to $335k (+180%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Instituto de Libertad Economica Para Puerto Rico Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 47th percentile within PR. Charities of a similar size with the same main cause include Tat Management Co Inc ($334k), Center of Hope Pregnancy Resource Center ($335k) and Little Bison Childcare Center Inc ($334k).

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 $152k against liabilities of $0, net assets of $152k.