Holy Redeemer-Dale Zipley Homes for Independent Adults

Analysis

Holy Redeemer-Dale Zipley Homes for Independent Adults is a registered charity in United States, based in Meadowbrook, PA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Holy Redeemer-Dale Zipley Homes for Independent Adults reported income of $1.5m and spending of $2.0m, spending 130% of what it took in. Across the 4 years on record, from December 2019 to June 2023, income grew from $475k to $1.5m (+224%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 133%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holy Redeemer-Dale Zipley Homes for Independent Adults sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Society of St Vincent de Paul Particular Council East St Louis ($1.5m), Refuge Domestic Violence Shelter Inc ($1.5m) and Maui Hub ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $10k (0.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.5m against liabilities of $1.9m, net assets of $611k.