Casa de LA Bondad Inc

Analysis

Casa de LA Bondad Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in June 1993, 33 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, Casa de LA Bondad Inc reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $608k to $1.2m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa de LA Bondad Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 74th percentile within PR. Charities of a similar size with the same main cause include Southwest Livestock Show Inc ($1.2m), Marinette County Group Home Association Inc ($1.2m) and Share-A-Home Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $527k. At year end it held assets of $461k against liabilities of $66k, net assets of $395k.