Resource Housing Group Inc

Analysis

Resource Housing Group Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Resource Housing Group Inc reported income of $20.4m and spending of $286k, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $20.4m (+1179%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 655%. Over the whole period it spent 6.5% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Resource Housing Group Inc 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 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include University Facilities Inc ($20.4m), Umom New Day Centers Inc ($20.4m) and Dollar Energy Fund Inc ($20.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 16% of the total. At year end it held assets of $70.4m against liabilities of $6.5m, net assets of $63.8m.