Institucion de Envejecientes Hogar Dulce Hogar Inc

Analysis

Institucion de Envejecientes Hogar Dulce Hogar Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Institucion de Envejecientes Hogar Dulce Hogar Inc reported income of $387k and spending of $410k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $363k to $387k (+6.5%), an average of +2.1% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Institucion de Envejecientes Hogar Dulce Hogar Inc sits at the 60th 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 50th percentile within PR. Charities of a similar size with the same main cause include Explorer Post 247 Inc ($387k), Webster Comfort Care Home ($387k) and Impact 21 Community Development Corporation ($387k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $17k (4.0% of expenses). Other salaries and wages came to $68k. At year end it held assets of $110k against liabilities of $18k, net assets of $92k. It reported 4 employees.