Centro Para Ninos El Nuevo Hogar Inc

Analysis

Centro Para Ninos El Nuevo Hogar Inc is a registered charity in United States, based in Adjuntas, PR. It received its IRS tax-exemption ruling in March 2004, 22 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, Centro Para Ninos El Nuevo Hogar Inc reported income of $194k and spending of $231k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $194k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income dropped 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, Centro Para Ninos El Nuevo Hogar Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 37th percentile within PR. Charities of a similar size with the same main cause include Nehemiahs Children Inc ($194k), Earths Harvest Inc ($194k) and Ruth Lyons Childrens Fund ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (6.3% of expenses). Other salaries and wages came to $51k. At year end it held assets of $154k against liabilities of $20k, net assets of $134k. It reported 4 employees.