Rehaciendo Comunidades Con Esparanza Inc

Analysis

Rehaciendo Comunidades Con Esparanza Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rehaciendo Comunidades Con Esparanza Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.9m to $1.9m (-86%), an average of -39% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rehaciendo Comunidades Con Esparanza Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 80th percentile within PR. Charities of a similar size with the same main cause include Operation Pathways Inc ($1.9m), What About Remembering Me Center Inc ($1.9m) and Lord S Pantry of Downingtown ($1.9m).

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 $236k (12% of expenses). Other salaries and wages came to $901k. At year end it held assets of $1.2m against liabilities of $945k, net assets of $210k. It reported 20 employees.