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Comite Olimpico de Pr

San Juan, PR · EIN 66-0319546 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Comite Olimpico de Pr reported $12.3 million in revenue and $15.1 million in expenses for calendar year 2024. Of every $100 it spent, $82.02 went to program services, $17.98 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.8% of the total. Government grants made up 64.9%. The highest compensation it reported for one person was $100,600 (PRESIDENT). Revenue rose 112% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.0%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
18.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.8%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
64.9%3.8%
Program service revenue share
Part VIII 2g ÷ 12
0.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
$100,600$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.67%1.38%
People paid over $100,000
Part VII, line 2
Not reported6
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.06.8
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 100.0% of program spending

Sports delegations and federations received economic support from the entity to cover their operations and administrative expenses including transportation, training, and meals on their different tournaments, training facilities are provided to athletes and their federations

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40 hrs/week
$100,600$0$0$100,600

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$12M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$12M$15M82.0%$5.1M$100,600
2023 ⓘ$13M$18M85.1%$7.9M$102,331
2022 ⓘ$11M$11M88.5%$13M$111,138
2021 ⓘ$4.7M$20M92.8%$13M$87,600
2020 ⓘ$4.7M$5.4M89.2%$28M$72,000
2019 ⓘ$5.8M$8.5M88.5%$29M$65,400

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 533

Correct a figure or respond

Every number above is copied from Comite Olimpico de Pr's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Comite Olimpico de Pr, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Puerto Rico

Questions people ask

How much of Comite Olimpico de Pr's spending goes to programs?

In calendar year 2024, Comite Olimpico de Pr reported that 82.0% of its $15.1 million in expenses went to program services, 18.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Comite Olimpico de Pr pay its top executive?

The largest total compensation Comite Olimpico de Pr reported for one person in calendar year 2024 was $100,600, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Comite Olimpico de Pr get its money?

Of $12.3 million in revenue in calendar year 2024, 96.8% came from contributions and grants (including 64.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Comite Olimpico de Pr a registered charity?

The IRS lists EIN 66-0319546 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))). Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503189349303890 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202432629349300968 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202331779349301428 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223189349301237 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202101769349300115 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349300420 · read the filing

All filings for EIN 66-0319546: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.