Henderson Center Residential Services Inc

Analysis

Henderson Center Residential Services Inc is a registered charity in United States, based in Laud Lakes, FL. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2023, Henderson Center Residential Services Inc reported income of $123k and spending of $157k, spending 128% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $119k to $123k (+3.6%), an average of +3.6% a year. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henderson Center Residential Services Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Ayres Housing Inc ($123k), New Beginnings Therapeutic Riding Inc ($123k) and Mother Teresa Charitable Trust Inc ($123k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $294k against liabilities of $1.0m, net assets of -$738k.