Hogar Paz de Cristo Inc

Analysis

Hogar Paz de Cristo Inc is a registered charity in United States, based in Coto Laurel, PR. It received its IRS tax-exemption ruling in December 2002, 24 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, Hogar Paz de Cristo Inc reported income of $333k and spending of $278k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $333k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hogar Paz de Cristo Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 47th percentile within PR. Charities of a similar size with the same main cause include Flagstaff Youth Riders Inc Flyrs ($333k), Family Focus Christian Counseling Inc ($333k) and Hope for Life ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. Other salaries and wages came to $156k. At year end it held assets of $511k against liabilities of $306k, net assets of $205k. It reported 11 employees.