Cumberland Residential and Employment Services & Training Inc

Analysis

Cumberland Residential and Employment Services & Training Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Cumberland Residential and Employment Services & Training Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.3m to $1.3m (-6.8%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cumberland Residential and Employment Services & Training Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Central Massachusetts Emergency Medical Systems Corp ($1.3m), Bridge to Recovery ($1.3m) and Lee Dewey Corporation ($1.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $694k. At year end it held assets of $909k against liabilities of $802k, net assets of $107k. It reported 48 employees.