Charity Search / PUERTO RICO INDUSTRIES FOR THE BLIND
Employment (J30) 990 on File

PUERTO RICO INDUSTRIES FOR THE BLIND

EIN: 66-0800062 · MAYAGUEZ, PR 00682-0000 · United States · FY 2024 Data
3 out of 5 42 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 45/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$36.9M
Total Revenue
$36.7M
Total Expenses
$1.7M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.2%
Fundraising Efficiency N/A
Operating Reserve 0.55x
Liability-to-Asset 93.5%
Revenue Diversification 96.1%
Compared with Peers
FY 2024
Compared with 234 similar organizations (United States, Employment, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.2% 87.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.8% 11.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.6 mo 7.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
93.5% 29.9%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
96.1% 91.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
231.6% 6.5%
P10P90
Expense growth
Year over year expense growth
269.2% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
0.7% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $36.9M $36.7M $1.7M 87.2% 0
2023 $11.1M $9.9M $1.4M 62.3% 0
2022 $8.2M $6.4M $871K 57.1% 216
2021 $2.2M $3.3M N/A — 430
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Organization Details
EIN
66-0800062
State
PR
City
MAYAGUEZ
ZIP
00682-0000
Classification
J30
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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