Refuge Services Inc

Analysis

Refuge Services Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, Refuge Services Inc reported income of $573k and spending of $556k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $709k to $573k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refuge Services Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Robins Nest Childrens Center Inc ($573k), Rights Behind Bars Inc ($573k) and The Bay Area Urban Network Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $122k (22% of expenses). Other salaries and wages came to $174k. At year end it held assets of $1.6m against liabilities of $62k, net assets of $1.5m. It reported 19 employees.