Residential Care Services Inc

Analysis

Residential Care Services Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2001, 25 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 June 2023, Residential Care Services Inc reported income of $5.3m and spending of $5.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.3m (+4.9%), an average of +1.2% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Residential Care Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Milwaukee Community Crossroads ($5.3m), Castle Square Tenants Organization Inc ($5.3m) and Residential Youth Services & Empowerment ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $123k (2.3% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.9m against liabilities of $582k, net assets of $2.3m. It reported 88 employees.