Centro Para LA Reconstruccion Del Habitat

Analysis

Centro Para LA Reconstruccion Del Habitat is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 January 2024, Centro Para LA Reconstruccion Del Habitat reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 2 years on record, from January 2022 to January 2024, income grew from $598k to $3.7m (+526%), an average of +526% a year. The sharpest change came in the year to January 2024, when income rose by 526%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Centro Para LA Reconstruccion Del Habitat sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 86th percentile within PR. Charities of a similar size with the same main cause include Colorado Center for Nursing Excellence ($3.7m), Three Roots Capital ($3.8m) and Business and Community Lenders of Texas ($3.7m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 69% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $2.1m (58% of expenses). At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $744k.