Residential Services Inc

Analysis

Residential Services Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in February 1972, 54 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 Services Inc reported income of $897k and spending of $915k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $793k to $897k (+13%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Residential Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Municipal Service Bureau Inc ($897k), Altadena Childrens Center ($897k) and Home of Hope Inc ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $19k (2.0% of expenses). Other salaries and wages came to $513k. At year end it held assets of $1.0m against liabilities of $46k, net assets of $992k. It reported 44 employees.