Residential Advisory Council

Analysis

Residential Advisory Council is a registered charity in United States, based in Wilmington, OH. It received its IRS tax-exemption ruling in November 2000, 26 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, Residential Advisory Council reported income of $179k and spending of $137k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $179k (+0.8%), an average of +0.2% a year. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Residential Advisory Council sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Fish for Change ($179k), Meals on Wheels of Greater Newburgh Inc ($179k) and Ragans Hope ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $1.3m against liabilities of $461k, net assets of $839k.