Day Resource Center for the Homeless

Analysis

Day Resource Center for the Homeless is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Day Resource Center for the Homeless reported income of $2.8m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.8m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Day Resource Center for the Homeless sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Grow Capital Jobs Foundation ($2.8m), Two Foundation ($2.8m) and Seattle Good Business Network ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $158k (5.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $407k against liabilities of $106k, net assets of $301k. It reported 32 employees.