Hogar Padre Venard Inc

Analysis

Hogar Padre Venard Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, Hogar Padre Venard Inc reported income of $151k and spending of $200k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $151k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 389%. 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, Hogar Padre Venard Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 32nd percentile within PR. Charities of a similar size with the same main cause include Miramar Manor Apartments Housing Corporation ($151k), Northwood Community Inc ($151k) and Freedom Gardens for the Handicapped Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.6m against liabilities of $8,394, net assets of $1.6m. It reported 3 employees.