Hacienda Renacer Inc

Analysis

Hacienda Renacer Inc is a registered charity in United States, based in Vega Baja, PR. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Hacienda Renacer Inc reported income of $107k and spending of $108k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $107k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hacienda Renacer Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 27th percentile within PR. Charities of a similar size with the same main cause include Melissa Marottoli Hogan Foundation Inc ($107k), Home Care and Hospice Foundation of Pike County ($107k) and If Not for Grace Ministries ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $16k against liabilities of $1,570, net assets of $14k.