Plataforma Eje Inc

Analysis

Plataforma Eje Inc is a registered charity in United States, based in Guaynabo, PR. It received its IRS tax-exemption ruling in May 2021, 5 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 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, Plataforma Eje Inc reported income of $98k and spending of $228k, spending 234% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $180k to $98k (-46%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plataforma Eje Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 25th percentile within PR. Charities of a similar size with the same main cause include National Association of Academies of Science ($98k), Liberty Foundation Inc ($98k) and Truthbase Theatricals Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $36k against liabilities of $2,988, net assets of $33k.