Relay Resources Enterprises

Analysis

Relay Resources Enterprises is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Relay Resources Enterprises reported income of $1.3m and spending of $696k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.3m (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Relay Resources Enterprises 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 82nd percentile within OR. Charities of a similar size with the same main cause include Cedar Rapids Community Cancer Center Foundation ($1.3m), Immigrant Connection Inc ($1.3m) and Nami of Dupage County Illinois ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $402k. At year end it held assets of $1.2m against liabilities of $75k, net assets of $1.1m.