Ryder Village II Inc

Analysis

Ryder Village 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 Village II Inc reported income of $396k and spending of $439k, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $334k to $396k (+19%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ryder Village II 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 66th percentile, and in the 51st percentile within PR. Charities of a similar size with the same main cause include Farrell-Bell Senior Housing Apartments Inc ($395k), PH Affordable Housing Fund Inc ($396k) and Fillmore Housing Development Corporation ($395k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). At year end it held assets of $2.1m against liabilities of $87k, net assets of $2.0m. It reported 4 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.