Puerto Rico Industries For The Blind
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 201,526 | 356,022 | −154,496 | -9.3 | 22% |
| 2018 | 572,103 | 895,313 | −323,210 | -1.8 | 34% |
| 2019 | 4,904,838 | 3,712,038 | 1,192,800 | 3.4 | 49% |
| 2020 | 3,864,622 | 4,669,991 | −805,369 | 0.7 | 47% |
| 2021 | 2,200,072 | 3,325,483 | −1,125,411 | -3.1 | 97% |
| 2022 | 8,189,193 | 6,447,880 | 1,741,313 | 1.6 | 41% |
| 2023 | 11,142,239 | 9,933,560 | 1,208,679 | 1.7 | 39% |
In its most recent public year (2023), this organization brought in $1,208,679 more than it spent. Its reserves stood at about 1.7 months of spending, up from -9.3 in 2017. Staff pay was 39% of spending.
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 Rico Industries For The Blind'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