Ryder Village Inc

Analysis

Ryder Village Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in March 1997, 29 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 September 2023, Ryder Village Inc reported income of $393k and spending of $487k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $317k to $393k (+24%), an average of +5.5% a year. The sharpest change came in the year to September 2021, when income rose by 36%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ryder Village Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 51st percentile within PR. Charities of a similar size with the same main cause include Northampton United Methodist Housing Corporation ($392k), Ally S Wish Inc ($393k) and Valley Meals and More ($392k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $95k (20% of expenses). At year end it held assets of $1.3m against liabilities of $51k, net assets of $1.3m. It reported 6 employees.