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Obra Misionera de LA Restitucion Inc

RegisteredEIN 66-0524365Bayamon, PRReligion
Income$308k2024-06
Spending$225ksame year
Spent / received51%5-year average
Size in its cause75th pctReligion
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Obra Misionera de LA Restitucion Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Obra Misionera de LA Restitucion Inc reported income of $308k and spending of $225k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $665k to $308k (-54%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 71%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Obra Misionera de LA Restitucion Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 46th percentile within PR. Charities of a similar size with the same main cause include 4genetwork ($308k), Sacred Heart Support Corporation ($308k) and Lida F Thurman TR Uw 3401077700 ($308k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.

Income and spending

$0$166k$332k$499k$665k2020 Income: $664,8172020 Spending: $179,86520202021 Income: $191,8392021 Spending: $126,86920212022 Income: $248,2772022 Spending: $124,42220222023 Income: $192,8192023 Spending: $156,53520232024 Income: $308,1222024 Spending: $225,1442024
IncomeSpending

Where the income comes from

  • Contributions & grants 52%
  • Program services 48%

Similar-sized charities, same cause

CharityLocationIncome
4genetworkLebanon$308k
Sacred Heart Support CorporationSan Jose$308k
Lida F Thurman TR Uw 3401077700Lexington$308k
Alaska Correctional Ministries IncAnchorage$308k