Ryder Health Plan Inc

Analysis

Ryder Health Plan Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Ryder Health Plan Inc reported income of $1.4m and spending of $1.8m, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.9m to $1.4m (-24%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ryder Health Plan Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 77th percentile within PR. Charities of a similar size with the same main cause include Baptist Health Foundation Corbin Inc ($1.4m), Sterling Center ($1.4m) and Family Safety Center of Memphis and Shelby County Inc ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $51k (2.8% of expenses). Other salaries and wages came to $101k. At year end it held assets of $1.9m against liabilities of $1.3m, net assets of $535k. It reported 6 employees.