Hogar Nueva Mujer Inc

Analysis

Hogar Nueva Mujer Inc is a registered charity in United States, based in Cayey, PR. It received its IRS tax-exemption ruling in February 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 September 2023, Hogar Nueva Mujer Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $731k to $1.1m (+49%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hogar Nueva Mujer Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 72nd percentile within PR. Charities of a similar size with the same main cause include Country Care Center Corporation ($1.1m), AIDS Resource Group of Evansville Inc ($1.1m) and Kearsarge Food Hub ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $596k. At year end it held assets of $563k against liabilities of $0, net assets of $563k. It reported 20 employees.