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Ryder Assisted Care Inc

RegisteredEIN 66-0537553Humacao, PRHousing and shelter
Income$401k2023-09
Spending$462ksame year
Spent / received108%5-year average
Size in its cause52nd pctHousing and shelter
Exempt since1997Publicly supported organisat
Employees4latest return

Analysis

Ryder Assisted Care Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ryder Assisted Care Inc reported income of $401k and spending of $462k, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $386k to $401k (+4.0%), an average of +1.0% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ryder Assisted Care Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 51st percentile within PR. Charities of a similar size with the same main cause include Melinda S Moore Housing Inc ($401k), Pinn Gardens Inc ($401k) and Lillie Joe Windley Housing Inc ($401k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $64k (14% of expenses). At year end it held assets of $1.7m against liabilities of $87k, net assets of $1.7m. It reported 4 employees.

Income and spending

$0$116k$231k$347k$462k2019 Income: $385,8302019 Spending: $433,38020192020 Income: $407,2792020 Spending: $419,67420202021 Income: $425,9182021 Spending: $425,22320212022 Income: $406,0032022 Spending: $450,32320222023 Income: $401,3082023 Spending: $462,4802023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Program services 16%
  • Other 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Melinda S Moore Housing IncWashington$401k
Pinn Gardens IncPhila$401k
Lillie Joe Windley Housing IncWashington$401k
Hoskins Park Ministries IncCharlotte$401k