Hogar Aurora Inc

Analysis

Hogar Aurora Inc is a registered charity in United States, based in Aibonito, PR. It received its IRS tax-exemption ruling in September 2000, 26 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, Hogar Aurora Inc reported income of $244k and spending of $309k, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $199k to $244k (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2021, when income rose by 55%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hogar Aurora Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 41st percentile within PR. Charities of a similar size with the same main cause include Seeds of Hope Inc ($244k), Chickasaw Development Corporation ($244k) and Blue Ridge Housing Network Inc ($244k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $74k. At year end it held assets of $1.3m against liabilities of $44k, net assets of $1.3m. It reported 3 employees.