Residential Resources Inc

Analysis

Residential Resources Inc is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 2024, Residential Resources Inc reported income of $131k and spending of $98k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $119k to $131k (+9.7%), an average of +2.3% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Residential Resources Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Building Bureau Inc ($131k), California Assn of State Auditors ($131k) and Alexandria Foundation Inc ($131k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $8,100. At year end it held assets of $149k against liabilities of $255k, net assets of -$106k.