Residential Supports and Services Inc

Analysis

Residential Supports and Services Inc is a registered charity in United States, based in Urbana, OH. It received its IRS tax-exemption ruling in December 2004, 22 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, Residential Supports and Services Inc reported income of $196k and spending of $198k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $577k to $196k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Residential Supports and Services Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Win Decatur Housing Development Fund Corporation ($196k), North Central Housing Inc ($196k) and San Juan Housing Corporation ($196k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1,700 (0.9% of expenses). At year end it held assets of $1.6m against liabilities of $18k, net assets of $1.5m.