Invest Puerto Rico Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,251,268 | 4,228,945 | 1,022,323 | 14.9 | 49% |
| 2022 | 16,374,498 | 13,676,119 | 2,698,379 | 7.0 | 17% |
| 2023 | 8,077,537 | 8,315,551 | −238,014 | 5.3 | 23% |
In its most recent public year (2023), this organization spent $238,014 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 14.9 in 2021. Staff pay was 23% 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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