The Army Retirement Residence Foundation - San Antonio

Analysis

The Army Retirement Residence Foundation - San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 1982, 44 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, The Army Retirement Residence Foundation - San Antonio reported income of $31.1m and spending of $31.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.0m to $31.1m (+20%), an average of +4.6% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Army Retirement Residence Foundation - San Antonio 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 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include West Michigan Partnership for Children ($31.1m), Guild of St Agnes of Worcester Inc ($31.1m) and Jannus Inc ($31.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $796k (2.6% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $4.4m against liabilities of $2.5m, net assets of $1.9m. It reported 488 employees.