Hogar Sustituto Y Educativo Rosanna Corp

Analysis

Hogar Sustituto Y Educativo Rosanna Corp is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in December 2022, 4 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 Sustituto Y Educativo Rosanna Corp reported income of $562k and spending of $648k, spending 115% of what it took in. Across the 2 years on record, from December 2018 to December 2023, income fell from $638k to $562k (-12%), an average of -12% a year. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hogar Sustituto Y Educativo Rosanna Corp 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 72nd percentile, and in the 58th percentile within PR. Charities of a similar size with the same main cause include American Opportunity for Housing Inc ($562k), Central Ohio Housing Development Organization Inc ($562k) and Family Promise of Lake Houston ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $226k. At year end it held assets of $880k against liabilities of $548k, net assets of $332k. It reported 18 employees.