Puerto Rican Family Institute Inc
Puerto Rican Family Institute Inc. maintains consistent financial surpluses and growing assets.
EIN: 136167177 · New York, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43.6M |
| Total Expenses | $41.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $18.2M |
| Transparency Score | 75/100 |
Is Puerto Rican Family Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Puerto Rican Family Institute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Puerto Rican Family Institute Inc
Puerto Rican Family Institute Inc (EIN: 136167177) is a nonprofit organization based in New York, NY, classified under NTEE code P200. The organization reported total revenue of $43.6M and total assets of $32.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puerto Rican Family Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Puerto Rican Family Institute Inc is a large nonprofit that has been operating for 63 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43.5M |
| Total Expenses | $41.0M |
| Surplus / Deficit | +$2.6M |
| Total Assets | $27.1M |
| Total Liabilities | $8.9M |
| Net Assets | $18.2M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 32.8% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Puerto Rican Family Institute Inc reported a surplus of $2.6M with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 32.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Puerto Rican Family Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | +1.6% | +15.5% |
| 2022 | +8.3% | +1.4% | -10.5% |
| 2021 | +1.4% | -0.1% | +11.1% |
| 2020 | +1.6% | -0.2% | +25.2% |
| 2019 | +7.0% | +9.9% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1963 |
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 Family Institute Inc with a Mission Score of 75 out of 100 (Good). 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 Family Institute 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 $2.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.8%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed filing periods, suggesting that the organization's top leadership may not be compensated through direct salaries reported in this category, or that compensation is reported differently. This is unusual for an organization of its size with over $40 million in revenue, and warrants further investigation into how executive compensation is structured and disclosed.
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.
Red Flags
The following concerns were identified during AI analysis of Puerto Rican Family Institute Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, warranting further scrutiny.
Strengths
The following positive indicators were identified for Puerto Rican Family Institute Inc:
- Consistent revenue generation exceeding expenses, indicating financial stability.
- Healthy growth in assets over time, demonstrating accumulation of resources.
- Long operational history with 12 IRS 990 filings, suggesting established presence and experience.
- Strong revenue base of over $40 million, indicating significant operational capacity.
Frequently Asked Questions about Puerto Rican Family Institute Inc
Is Puerto Rican Family Institute Inc a legitimate charity?
Puerto Rican Family Institute Inc (EIN: 136167177) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $43.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Puerto Rican Family Institute Inc spend its money?
Puerto Rican Family Institute Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Puerto Rican Family Institute Inc tax-deductible?
Puerto Rican Family Institute Inc is registered as a tax-exempt nonprofit (EIN: 136167177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Puerto Rican Family Institute Inc CEO make?
Puerto Rican Family Institute Inc's highest-compensated officer earns $40 annually. The organization reported $43.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Puerto Rican Family Institute Inc's spending goes to programs?
Puerto Rican Family Institute Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Puerto Rican Family Institute Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Puerto Rican Family Institute Inc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Puerto Rican Family Institute Inc located?
Puerto Rican Family Institute Inc is headquartered in New York, New York and files with the IRS under EIN 136167177. It is classified under NTEE code P200.
How many years of IRS 990 filings does Puerto Rican Family Institute Inc have?
Puerto Rican Family Institute Inc has 12 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 $43.6M in total revenue.
Is Puerto Rican Family Institute Inc. a good charity?
Based on the available data, the organization demonstrates financial stability with consistent revenue generation and asset growth. However, a complete assessment of 'goodness' requires more detailed expense breakdowns (program vs. admin/fundraising) and clarity on executive compensation, which is reported as 0% in the provided filings.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses below its revenue, leading to surpluses in most reported periods. For example, in 202306, expenses were $40,979,931 against revenues of $43,530,910, indicating a healthy operational margin.
What is the trend in the organization's assets and liabilities?
Assets have generally shown an upward trend, from $18,875,320 in 201906 to $32,053,239 in the latest filing, indicating growth in financial resources. Liabilities have fluctuated but remain manageable relative to assets, with a notable increase in 202106 to $14,187,005 before decreasing again.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this scale. This could mean that compensation for key executives is reported under different categories, or that the leadership is entirely volunteer-based, which would be exceptional for an organization with over $40 million in revenue. Further investigation into the full IRS 990 forms would be needed to understand this.
Filing History
IRS 990 filing history for Puerto Rican Family Institute Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Puerto Rican Family Institute Inc's revenue has grown by 24.3%, moving from $35.0M to $43.5M. Total assets increased by 73.2% over the same period, from $15.7M to $27.1M. Total functional expenses rose by 19.6%, from $34.3M to $41.0M. In its most recent filing year (2023), Puerto Rican Family Institute Inc reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $8.9M in liabilities against $27.1M in assets (debt-to-asset ratio: 32.8%), resulting in net assets of $18.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43.5M | $41.0M | $27.1M | $8.9M | — | View 990 |
| 2022 | $44.0M | $40.3M | $23.5M | $7.8M | — | View 990 |
| 2021 | $40.6M | $39.8M | $26.2M | $14.2M | — | — |
| 2020 | $40.0M | $39.8M | $23.6M | $12.4M | — | View 990 |
| 2019 | $39.4M | $39.9M | $18.9M | $7.8M | — | View 990 |
| 2017 | $36.8M | $36.3M | $19.2M | $6.6M | — | View 990 |
| 2016 | $34.6M | $33.0M | $19.4M | $7.3M | — | View 990 |
| 2015 | $36.8M | $36.1M | $20.3M | $9.8M | — | View 990 |
| 2014 | $33.4M | $32.7M | $20.5M | $8.9M | — | View 990 |
| 2013 | $38.4M | $34.9M | $20.1M | $10.7M | — | View 990 |
| 2012 | $35.8M | $34.6M | $15.0M | $9.1M | — | View 990 |
| 2011 | $35.0M | $34.3M | $15.7M | $9.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43.5M, expenses of $41.0M, and assets of $27.1M (revenue -1.0% year-over-year).
- 2022: Revenue of $44.0M, expenses of $40.3M, and assets of $23.5M (revenue +8.3% year-over-year).
- 2021: Revenue of $40.6M, expenses of $39.8M, and assets of $26.2M (revenue +1.4% year-over-year).
- 2020: Revenue of $40.0M, expenses of $39.8M, and assets of $23.6M (revenue +1.6% year-over-year).
- 2019: Revenue of $39.4M, expenses of $39.9M, and assets of $18.9M (revenue +7.0% year-over-year).
- 2017: Revenue of $36.8M, expenses of $36.3M, and assets of $19.2M (revenue +6.3% year-over-year).
- 2016: Revenue of $34.6M, expenses of $33.0M, and assets of $19.4M (revenue -6.0% year-over-year).
- 2015: Revenue of $36.8M, expenses of $36.1M, and assets of $20.3M (revenue +10.2% year-over-year).
- 2014: Revenue of $33.4M, expenses of $32.7M, and assets of $20.5M (revenue -12.9% year-over-year).
- 2013: Revenue of $38.4M, expenses of $34.9M, and assets of $20.1M (revenue +7.1% year-over-year).
- 2012: Revenue of $35.8M, expenses of $34.6M, and assets of $15.0M (revenue +2.3% year-over-year).
- 2011: Revenue of $35.0M, expenses of $34.3M, and assets of $15.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Puerto Rican Family Institute Inc:
Data Sources and Methodology
This transparency report for Puerto Rican Family Institute 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.