Puerto Rican Family Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 40,047,237 | 39,836,361 | 210,876 | 3.4 | 56% |
| 2021 | 40,597,440 | 39,793,504 | 803,936 | 3.6 | 51% |
| 2022 | 43,970,504 | 40,346,721 | 3,623,783 | 4.7 | 53% |
| 2023 | 43,530,910 | 40,979,931 | 2,550,979 | 5.3 | 55% |
In its most recent public year (2023), this organization brought in $2,550,979 more than it spent. Its reserves stood at about 5.3 months of spending, up from 3.4 in 2020. Staff pay was 55% of spending. $3,788,781 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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