Hermanitas de Los Ancianos Desamparados Inc

Analysis

Hermanitas de Los Ancianos Desamparados Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in November 2015, 11 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, Hermanitas de Los Ancianos Desamparados Inc reported income of $1.9m and spending of $2.5m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $1.9m (+346%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 464%. Over the whole period it spent 157% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hermanitas de Los Ancianos Desamparados Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 80th percentile within PR. Charities of a similar size with the same main cause include Options-Interstate Resource Center for Independent Living ($1.9m), Yu-Ai Kai Japantown Community Senior Center ($1.9m) and Nonviolence Institute ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 101 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.