Residential Assistance to Families in Transition

Analysis

Residential Assistance to Families in Transition is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in September 1984, 42 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, Residential Assistance to Families in Transition reported income of $159k and spending of $154k, spending 96% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $231k to $159k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Residential Assistance to Families in Transition sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NE. Charities of a similar size with the same main cause include International Progressive Hispanic Chamber of Commerce ($159k), Vestavia Hills Parent Organization Inc ($159k) and South Texas Youth Soccer Association ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 5.2% of the total. At year end it held assets of $430k against liabilities of $6,052, net assets of $424k.