Residential Energy Assistance Partnership Inc

Analysis

Residential Energy Assistance Partnership Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2003, 23 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 Energy Assistance Partnership Inc reported income of $6.1m and spending of $6.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $6.1m (+326%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 766%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Residential Energy Assistance Partnership Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include The Kalamazoo Area Christian Retirement Association Inc ($6.1m), Face to Face Health & Counseling Service Inc ($6.1m) and Emerald Communities C O Aland Chambard ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $15.7m against liabilities of $0, net assets of $15.7m.