Egida Ryder Inc

Analysis

Egida Ryder Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Egida Ryder Inc reported income of $477k and spending of $475k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $445k to $477k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Egida Ryder Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 55th percentile within PR. Charities of a similar size with the same main cause include Rosale Housing Development Fund Corporation ($477k), Accessible Housing Austin ($477k) and Village at the Bluffs Inc ($477k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $99k (21% of expenses). At year end it held assets of $1.2m against liabilities of $41k, net assets of $1.1m. It reported 4 employees.