Champaign Residential Services Inc

Analysis

Champaign Residential Services Inc is a registered charity in United States, based in Urbana, OH. It received its IRS tax-exemption ruling in February 1977, 49 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, Champaign Residential Services Inc reported income of $40.5m and spending of $39.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.8m to $40.5m (+10.0%), an average of +2.4% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Champaign Residential Services Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include The Accreditation Commission for Health Care Inc ($40.4m), Metropolitan New York Coordinating Council on Jewish Poverty ($40.5m) and Child Trends Incorporated ($40.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $269k (0.7% of expenses). Other salaries and wages came to $23.3m. At year end it held assets of $35.7m against liabilities of $7.3m, net assets of $28.4m. It reported 980 employees.