Residential Assisted Living Foundation Inc

Analysis

Residential Assisted Living Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Assisted Living Foundation Inc reported income of $684k and spending of $216k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $684k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 268%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Residential Assisted Living Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Summit High School Ptso ($683k), Take Stock in Children of Broward County Inc ($684k) and Joint Apprentice & Journeyman Education Fund ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $13k (6.0% of expenses). At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.