Triple R Community Housing I Inc

Analysis

Triple R Community Housing I Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Triple R Community Housing I Inc reported income of $85k and spending of $140k, spending 166% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $63k to $85k (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2023, when income rose by 80%. Over the whole period it spent 214% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Triple R Community Housing I Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Morganton Community Enrichment Inc ($84k), Mountain Springs Villa Inc ($85k) and Open Heart Community Care Services Inc ($84k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $3,403. At year end it held assets of $1.5m against liabilities of $153k, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.