Salvation Army Mesa Residences Inc

Analysis

Salvation Army Mesa Residences Inc is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in September 1987, 39 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 September 2021, Salvation Army Mesa Residences Inc reported income of $1.0m and spending of $957k, spending 91% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $951k to $1.0m (+10%), an average of +4.9% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salvation Army Mesa Residences 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 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include 793-97 Garden Street Housing Development Fund Corporation ($1.0m), Bay Vista Methodist Heights ($1.0m) and Trillium Housing Services ($1.0m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $167k. At year end it held assets of $2.2m against liabilities of $2.5m, net assets of -$286k. It reported 5 employees.