Corporacion Para La Promocion De Puerto Rico Como Destino Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 1,574,610 | 1,556,997 | 17,613 | 0.1 | 8% |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 25,434,007 | 21,898,756 | 3,535,251 | 4.8 | 21% |
| 2021 | 48,155,156 | 35,295,357 | 12,859,799 | 7.4 | 12% |
| 2022 | 55,213,353 | 57,740,867 | −2,527,514 | 4.0 | 10% |
| 2023 | 57,719,154 | 66,401,911 | −8,682,757 | 1.9 | 9% |
In its most recent public year (2023), this organization spent $8,682,757 more than it brought in. Its reserves stood at about 1.9 months of spending. Staff pay was 9% 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
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