Resource for Education Advocacy Communication and Housing

Analysis

Resource for Education Advocacy Communication and Housing is a registered charity in United States, based in Whittier, CA. It received its IRS tax-exemption ruling in October 1969, 57 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 June 2023, Resource for Education Advocacy Communication and Housing reported income of $7.5m and spending of $7.0m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $11.2m to $7.5m (-34%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resource for Education Advocacy Communication and Housing sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Minnesota Child Care Resource and Referral Network ($7.4m), Take Charge America Inc ($7.5m) and Semo Alliance for Disability Independence Inc-Fiscal Agent ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $156k (2.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $4.2m against liabilities of $2.8m, net assets of $1.4m. It reported 220 employees.