Ashland County Residential Services

Analysis

Ashland County Residential Services is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in December 1978, 48 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, Ashland County Residential Services reported income of $229k and spending of $255k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $229k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 236%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashland County Residential Services sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include International Brotherhood of Electrical Workers Local 104 Fund ($229k), Christ Followers for Change Kalamazoo Inc ($229k) and Ten Thousand Villages of Pasadena Incorporated ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $7,589 (3.0% of expenses). At year end it held assets of $1.3m against liabilities of $404, net assets of $1.3m. It reported 1 employees.