Obra Misionera de LA Restitucion Inc
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
Where the income comes from
- Contributions & grants 52%
- Program services 48%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 4genetwork | Lebanon | $308k |
| Sacred Heart Support Corporation | San Jose | $308k |
| Lida F Thurman TR Uw 3401077700 | Lexington | $308k |
| Alaska Correctional Ministries Inc | Anchorage | $308k |