Resident Home Association of Greater Dayton Inc

Analysis

Resident Home Association of Greater Dayton Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in April 1967, 59 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 December 2023, Resident Home Association of Greater Dayton Inc reported income of $5.8m and spending of $7.1m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resident Home Association of Greater Dayton 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 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Yaipak Outreach ($5.8m), Healthy Start of North Central Florida Inc ($5.8m) and Disability Rights Washington ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $138k (1.9% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $5.8m against liabilities of $715k, net assets of $5.1m. It reported 136 employees.

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.