Randolph Community Service Inc

Analysis

Randolph Community Service Inc is a registered charity in United States, based in Randleman, NC. It received its IRS tax-exemption ruling in April 1979, 47 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 June 2023, Randolph Community Service Inc reported income of $8.8m and spending of $9.1m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $8.8m (+7.1%), an average of +1.7% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Randolph Community Service Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Hospice of the Western Reserve Foundation ($8.8m), Association of Community College Trustees ($8.8m) and Portland Community Reinvestment Initiatives Inc ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $97k (1.1% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $2.6m against liabilities of $863k, net assets of $1.7m. It reported 119 employees.