Hacienda de Ybor Inc

Analysis

Hacienda de Ybor Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hacienda de Ybor Inc reported income of $88k and spending of $151k, spending 172% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $34k to $88k (+158%), an average of +21% a year. The sharpest change came in the year to December 2019, when income dropped by 330%. Over the whole period it spent 905% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hacienda de Ybor Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Streets of Paradise Inc ($88k), North Hills Terrace Inc ($88k) and Putnam County DD Residential Services Inc ($88k).

At year end it held assets of $4.0m against liabilities of $4.9m, net assets of -$841k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.