Salvation Army Reno Residences Inc

Analysis

Salvation Army Reno Residences Inc is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Salvation Army Reno Residences Inc reported income of $470k and spending of $525k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $400k to $470k (+17%), an average of +4.1% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salvation Army Reno Residences Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Partnership for Food Safety Education Inc ($470k), Vanderburgh County Fair Association Inc ($470k) and W I N D of God ($470k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. Other salaries and wages came to $86k. At year end it held assets of $2.4m against liabilities of $101k, net assets of $2.3m. It reported 7 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.