Hogar de Ninos El Ave Maria

Analysis

Hogar de Ninos El Ave Maria is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2024, Hogar de Ninos El Ave Maria reported income of $664k and spending of $663k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $373k to $664k (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hogar de Ninos El Ave Maria sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 61st percentile within PR. Charities of a similar size with the same main cause include Food for Neighbors ($664k), Friends in Sonoma Helping ($664k) and Shiloh Senior Housing Inc ($664k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $355k. It paid $11k in professional fundraising fees. At year end it held assets of $370k against liabilities of $80k, net assets of $290k. It reported 24 employees.