Army Retirement Residence Supporting Foundation

Analysis

Army Retirement Residence Supporting Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Army Retirement Residence Supporting Foundation reported income of $23.9m and spending of $10.9m, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $23.9m (+150%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 153%. 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, Army Retirement Residence Supporting Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Single Room Occupancy Housing Corp ($23.8m), Covenant Living of Golden Valley ($23.9m) and Humangood Idaho ($23.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 35% of the total. At year end it held assets of $181.1m against liabilities of $180.4m, net assets of $703k.