Retail Store Employees Building Corporation

Analysis

Retail Store Employees Building Corporation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Retail Store Employees Building Corporation reported income of $583k and spending of $102, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $583k (+2.9%), an average of +0.7% a year. Over the whole period it spent 0.7% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Retail Store Employees Building Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include September Place Retirement Village Inc ($583k), Ozark Housing Development Inc ($583k) and Prosperity Unlimited Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $34.6m against liabilities of $0, net assets of $34.6m.