Self-Reliance Inc

Analysis

Self-Reliance Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Self-Reliance Inc reported income of $1.6m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.6m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2023, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Self-Reliance Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Changed Lives Ministry Inc ($1.6m), World Childhood Foundation Inc ($1.6m) and Western-Washtenaw Area Value Express ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $100k (6.4% of expenses). Other salaries and wages came to $330k. At year end it held assets of $742k against liabilities of $100k, net assets of $642k. It reported 9 employees.