Community Residential Services Inc

Analysis

Community Residential Services Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in July 1979, 47 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 December 2023, Community Residential Services Inc reported income of $2.5m and spending of $2.3m, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.3m to $2.5m (+11%), an average of +5.1% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Residential Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Rebound Inc ($2.5m), Thornfield Hall Inc ($2.5m) and Richmond Neighborhood Housing Services Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $97k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.2m against liabilities of $212k, net assets of $2.0m. It reported 39 employees.