Greater Randolph Area Service Programs Inc

Analysis

Greater Randolph Area Service Programs Inc is a registered charity in United States, based in Converse, TX. It received its IRS tax-exemption ruling in November 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 2024, Greater Randolph Area Service Programs Inc reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.3m (-6.0%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Randolph Area Service Programs Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Step One Halfway House Inc ($1.3m), Plainville Early Learning Center Inc ($1.3m) and Teller Senior Coalition Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $127k (9.6% of expenses). Other salaries and wages came to $225k. At year end it held assets of $1.4m against liabilities of $299k, net assets of $1.1m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.