Resident Council Association of Greenwood Village South Inc

Analysis

Resident Council Association of Greenwood Village South Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in July 2023, 3 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 June 2023, Resident Council Association of Greenwood Village South Inc reported income of $119k and spending of $119k, spending 100% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $94k to $119k (+27%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Resident Council Association of Greenwood Village South Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include New Century Center ($119k), Forest Springs Inc ($119k) and Oxfair Homes Incorporated ($119k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.9% of the total. At year end it held assets of $11k against liabilities of $413, net assets of $11k.