Residential Youth Services & Empowerment

Analysis

Residential Youth Services & Empowerment is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Residential Youth Services & Empowerment reported income of $5.3m and spending of $4.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $5.3m (+415%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 149%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Residential Youth Services & Empowerment sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within HI. Charities of a similar size with the same main cause include Habitat for Humanity Metrowest - Greater Worcester Inc ($5.3m), Milwaukee Community Crossroads ($5.3m) and Humangood Cornerstone ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $96k (2.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.9m against liabilities of $645k, net assets of $4.3m. It reported 80 employees.