Htas de Los Ancianos Desamparados Hogar Sta Teresa Jornet de Cupey

Analysis

Htas de Los Ancianos Desamparados Hogar Sta Teresa Jornet de Cupey is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Htas de Los Ancianos Desamparados Hogar Sta Teresa Jornet de Cupey reported income of $2.7m and spending of $2.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.7m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Htas de Los Ancianos Desamparados Hogar Sta Teresa Jornet de Cupey sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 84th percentile within PR. Charities of a similar size with the same main cause include Good Samaritan Services ($2.7m), MSK Solutions ($2.7m) and Madonna Center Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $14k (0.6% of expenses). Other salaries and wages came to $913k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 74 employees.