Hogar Crea International Inc of USA

Analysis

Hogar Crea International Inc of USA is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in February 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hogar Crea International Inc of USA reported income of $2.5m and spending of $2.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $829k to $2.5m (+207%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hogar Crea International Inc of USA sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include L Arche USA ($2.5m), Lebanon Rescue Mission Inc ($2.5m) and Piedmont School Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 85% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $0 against liabilities of $0, net assets of $0.