Ryder Assisted Care Number II Inc

Analysis

Ryder Assisted Care Number II Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in January 1998, 28 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 Number II Inc reported income of $264k and spending of $291k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $249k to $264k (+5.9%), an average of +1.4% a year. Over the whole period it spent 114% 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 Number II Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 42nd percentile within PR. Charities of a similar size with the same main cause include Metro North Community Development Corp ($264k), Grafton Gray & Berdia Kegler Manor Inc ($264k) and Trinity Landholding Corporation ($263k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $9,456 (3.2% of expenses). At year end it held assets of $1.3m against liabilities of $57k, net assets of $1.3m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.