Rssi Charon Chase Condos Inc

Analysis

Rssi Charon Chase Condos Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rssi Charon Chase Condos Inc reported income of $52k and spending of $57k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $52k (+0.4%), an average of +0.4% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rssi Charon Chase Condos Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Heritage Park ($52k), Family Help Inc ($52k) and Next Step Organization ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $264k against liabilities of $431k, net assets of -$167k.