Inland Empire Residential Resources Inc

Analysis

Inland Empire Residential Resources Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Inland Empire Residential Resources Inc reported income of $2.2m and spending of $3.2m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inland Empire Residential Resources Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include St Marys Episcopal Retirement Homes Inc ($2.2m), American Water Works Association ($2.2m) and Del Norte Senior Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $140k (4.4% of expenses). Other salaries and wages came to $638k. At year end it held assets of $17.3m against liabilities of $29.0m, net assets of -$11.7m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.