Tenant Resource Center Inc

Analysis

Tenant Resource Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in November 1980, 46 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, Tenant Resource Center Inc reported income of $11.1m and spending of $11.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $999k to $11.1m (+1011%), an average of +83% a year. The sharpest change came in the year to December 2020, when income rose by 1080%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tenant Resource Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Boys & Girls Clubs of Greater Redlands-Riverside ($11.1m), A Better Way Services Inc ($11.1m) and Communities in Schools of Chicago ($11.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $220k (1.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.3m against liabilities of $1.9m, net assets of $374k.