Blanchard Valley Residential Services Inc

Analysis

Blanchard Valley Residential Services Inc is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blanchard Valley Residential Services Inc reported income of $5.0m and spending of $3.9m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.0m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blanchard Valley Residential Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Alabama Sheriffs Youth Ranches ($5.0m), Kids Incorporated of the Big Bend ($5.0m) and All India Movement Aim for Seva Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $334k (8.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $3.9m against liabilities of $650k, net assets of $3.3m. It reported 98 employees.