Ninos de Nueva Esperanza Inc

Analysis

Ninos de Nueva Esperanza Inc is a registered charity in United States, based in Sabana Seca, PR. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, Ninos de Nueva Esperanza Inc reported income of $471k and spending of $511k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $462k to $471k (+2.0%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. 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, Ninos de Nueva Esperanza Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 54th percentile within PR. Charities of a similar size with the same main cause include Mission Working Dogs ($471k), Tri-County Family Care Center Inc ($471k) and Eastern Montana Verterans Home ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $135k. At year end it held assets of $947k against liabilities of $20k, net assets of $927k. It reported 7 employees.