Depaul Community Resources

Analysis

Depaul Community Resources is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. 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 June 2023, Depaul Community Resources reported income of $25.1m and spending of $25.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.1m to $25.1m (+19%), an average of +4.4% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Depaul Community Resources sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Mississippi Childrens Home Society ($25.1m), The Granite YMCA ($25.1m) and Jarvis Christian University ($25.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $264k (1.1% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $13.1m against liabilities of $3.9m, net assets of $9.2m. It reported 192 employees.