Federal tax law provides tax benefits to nonprofit organizations recognized as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. Puerto Rico provides tax benefits to nonprofit corporations recognized a exempt under Section 1101.01 of the Puerto Rico Tax Code.
Contributions of cash or property equaling $250 or more to a 501(c)(3) organization are tax deductible federally and 100% of donations up to 50% of the Adjusted Gross Income for the tax year are deductible in Puerto Rico.
VCHT annual audits for the past three years are available to the public in this website and in our Esperanza office during regular business hours.
2019 Audit Report