Puerto Rican Community Center Inc
Puerto Rican Community Center Inc: Consistent Revenue, Stable Assets, and Strong Program Focus
EIN: 222124503 · Trenton, NJ · NTEE: P33Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Puerto Rican Community Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Puerto Rican Community Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Puerto Rican Community Center Inc
Puerto Rican Community Center Inc (EIN: 222124503) is a nonprofit organization based in Trenton, NJ, classified under NTEE code P33Z. The organization reported total revenue of $1.5M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puerto Rican Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Puerto Rican Community Center Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$71K |
| Total Assets | $1.3M |
| Total Liabilities | $45K |
| Net Assets | $1.2M |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Puerto Rican Community Center Inc reported a surplus of $71K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Puerto Rican Community Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | -5.0% | +7.6% |
| 2022 | -1.2% | +3.1% | -3.7% |
| 2021 | +12.9% | +14.1% | -0.3% |
| 2020 | +1.8% | -2.8% | +4.8% |
| 2019 | -1.6% | +1.9% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Puerto Rican Community Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Puerto Rican Community Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings (2016-2023), indicating a volunteer-led or externally funded leadership structure, which is highly efficient.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Puerto Rican Community Center Inc:
- Consistent revenue generation, averaging over $1.3 million annually, demonstrates stable donor support and operational capacity.
- Healthy asset base, consistently over $1.1 million, provides financial stability and resilience.
- Zero reported executive compensation suggests a highly efficient operational model, maximizing funds for programs.
- Low liabilities (e.g., $45,197 in 2023) indicate sound financial management and minimal debt burden.
Frequently Asked Questions about Puerto Rican Community Center Inc
Is Puerto Rican Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Puerto Rican Community Center Inc (EIN: 222124503) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Puerto Rican Community Center Inc spend its money?
Puerto Rican Community Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Puerto Rican Community Center Inc tax-deductible?
Puerto Rican Community Center Inc is registered as a tax-exempt nonprofit (EIN: 222124503). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Puerto Rican Community Center Inc CEO make?
Puerto Rican Community Center Inc's highest-compensated officer earns $0 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Puerto Rican Community Center Inc's spending goes to programs?
Puerto Rican Community Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Puerto Rican Community Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Puerto Rican Community Center Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Puerto Rican Community Center Inc located?
Puerto Rican Community Center Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222124503. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Puerto Rican Community Center Inc have?
Puerto Rican Community Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
What does Puerto Rican Community Center Inc do?
Puerto Rican Community Center Inc is a nonprofit organization in the Human Services sector, located in Trenton, New Jersey. It is classified under NTEE code P33Z.
How much revenue does Puerto Rican Community Center Inc have?
Puerto Rican Community Center Inc reported total revenue of $1,537,032. Based on 13 IRS 990 filings on record.
What are Puerto Rican Community Center Inc's total assets?
Puerto Rican Community Center Inc holds total assets of $1,401,388 as reported in IRS 990 filings.
Where is Puerto Rican Community Center Inc located?
Puerto Rican Community Center Inc is based in Trenton, New Jersey.
What is Puerto Rican Community Center Inc's EIN?
Puerto Rican Community Center Inc's Employer Identification Number (EIN) is 222124503. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Puerto Rican Community Center Inc?
Puerto Rican Community Center Inc is classified under NTEE code P33Z (Human Services).
Is Puerto Rican Community Center Inc a registered 501(c)(3)?
Yes, Puerto Rican Community Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 222124503.
Does Puerto Rican Community Center Inc file IRS Form 990?
Yes, Puerto Rican Community Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Puerto Rican Community Center Inc's revenue in 2023?
In the 202306 filing period, Puerto Rican Community Center Inc reported total revenue of $1,529,837, total expenses of $1,458,827, and net assets of $1,269,909.
Is Puerto Rican Community Center Inc's revenue growing or declining?
Puerto Rican Community Center Inc's revenue is relatively stable. Revenue went from $1,489,774 (202206) to $1,529,837 (202306), a +2.7% change. Based on 13 filings on record.
What is Puerto Rican Community Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Puerto Rican Community Center Inc covers tax period 202306. It shows revenue of $1,529,837, expenses of $1,458,827, total assets of $1,269,909, and liabilities of $45,197.
How much does Puerto Rican Community Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Puerto Rican Community Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Puerto Rican Community Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Puerto Rican Community Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Puerto Rican Community Center Inc's strengths?
Positive indicators for Puerto Rican Community Center Inc include: Consistent revenue generation, averaging over $1.3 million annually, demonstrates stable donor support and operational capacity.. Healthy asset base, consistently over $1.1 million, provides financial stability and resilience.. Zero reported executive compensation suggests a highly efficient operational model, maximizing funds for programs.. Low liabilities (e.g., $45,197 in 2023) indicate sound financial management and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Puerto Rican Community Center Inc compensate executives?
Executive compensation is reported as $0 across all available filings (2016-2023), indicating a volunteer-led or externally funded leadership structure, which is highly efficient. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and leadership without reporting any executive compensation?
The consistent reporting of $0 for officer, director, trustee, and key employee compensation suggests that leadership roles may be filled by volunteers, or compensation is covered by a separate entity or grant not reflected in this specific line item on the Form 990. This model, if truly volunteer-driven, significantly reduces administrative overhead.
Given the consistent revenue and asset levels, what specific strategies does the organization employ to maintain its financial stability year over year?
The consistent revenue around $1.3M-$1.5M and assets around $1.1M-$1.4M suggest a robust and diversified funding strategy, likely including a mix of grants, individual donations, and potentially government contracts. Their ability to maintain these levels over nearly a decade, despite economic fluctuations, points to strong community ties and effective fundraising.
Filing History
IRS 990 filing history for Puerto Rican Community Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Puerto Rican Community Center Inc's revenue has grown by 9%, moving from $1.4M to $1.5M. Total assets decreased by 3.3% over the same period, from $1.3M to $1.3M. Total functional expenses rose by 7.7%, from $1.4M to $1.5M. In its most recent filing year (2023), Puerto Rican Community Center Inc reported a surplus of $71K, with revenue exceeding expenses. The organization holds $45K in liabilities against $1.3M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $1.3M | $45K | — | — |
| 2022 | $1.5M | $1.5M | $1.2M | $27K | — | View 990 |
| 2021 | $1.5M | $1.5M | $1.2M | $27K | — | View 990 |
| 2020 | $1.3M | $1.3M | $1.2M | $48K | — | View 990 |
| 2019 | $1.3M | $1.3M | $1.2M | $22K | — | View 990 |
| 2018 | $1.3M | $1.3M | $1.2M | $22K | — | View 990 |
| 2017 | $1.3M | $1.3M | $1.2M | $41K | — | View 990 |
| 2016 | $1.3M | $1.2M | $1.2M | $46K | — | View 990 |
| 2015 | $1.2M | $1.3M | $1.2M | $90K | — | View 990 |
| 2014 | $1.3M | $1.3M | $1.3M | $132K | — | View 990 |
| 2013 | $1.3M | $1.3M | $1.4M | $164K | — | View 990 |
| 2012 | $1.4M | $1.3M | $1.4M | $108K | — | View 990 |
| 2011 | $1.4M | $1.4M | $1.3M | $118K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $1.3M (revenue +2.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $1.2M (revenue -1.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $1.2M (revenue +12.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue +1.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue -1.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue +5.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue -4.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +6.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $1.2M (revenue -1.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $1.3M (revenue -6.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $1.4M (revenue -4.2% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $1.4M (revenue -0.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Puerto Rican Community Center Inc:
Data Sources and Methodology
This transparency report for Puerto Rican Community Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.