Reno Initiative for Shelter and Equality

Analysis

Reno Initiative for Shelter and Equality is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in October 2013, 13 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, Reno Initiative for Shelter and Equality reported income of $4.0m and spending of $3.9m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.5m to $4.0m (+158%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 75%. 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, Reno Initiative for Shelter and Equality sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NV. Charities of a similar size with the same main cause include Conway County Center for Exceptional Children Inc ($4.0m), Orpe Human Rights Advocates ($4.0m) and Meals on Wheels Programs & Services of Rockland Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $87k (2.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $622k against liabilities of $174k, net assets of $447k. It reported 146 employees.