Puerto Rican Org For Community Educational & Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,818,789 | 11,524,708 | 294,081 | 6.4 | 42% |
| 2013 | 8,749,591 | 8,726,699 | 22,892 | 8.4 | 47% |
| 2014 | 8,017,734 | 8,225,090 | −207,356 | 8.6 | 49% |
| 2015 | 10,891,446 | 9,492,371 | 1,399,075 | 9.3 | 45% |
| 2016 | 9,382,462 | 9,418,442 | −35,980 | 9.3 | 46% |
| 2017 | 9,632,811 | 9,532,468 | 100,343 | 9.3 | 48% |
| 2018 | 10,338,338 | 10,289,588 | 48,750 | 8.7 | 46% |
| 2019 | 8,950,175 | 8,904,235 | 45,940 | 10.1 | 46% |
| 2020 | 8,428,770 | 7,993,011 | 435,759 | 11.9 | 48% |
| 2021 | 9,797,068 | 9,366,345 | 430,723 | 10.7 | 46% |
| 2022 | 13,199,398 | 12,744,959 | 454,439 | 8.3 | 39% |
| 2023 | 12,200,647 | 11,781,245 | 419,402 | 9.4 | 43% |
In its most recent public year (2023), this organization brought in $419,402 more than it spent. Its reserves stood at about 9.4 months of spending, up from 6.4 in 2012. Staff pay was 43% of spending. $664,094 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
Puerto Rican Org For Community Educational & Economic Development's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works