Resource Training Center Inc

Analysis

Resource Training Center Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2022, Resource Training Center Inc reported income of $4.0m and spending of $3.4m, spending 85% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $4.2m to $4.0m (-2.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resource Training Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Fathers and Families Resource- Research Center Inc ($4.0m), Wichita State Innovation Alliance Inc ($4.0m) and Western Valley Waldorf Assoc Inc Cedarwood School ($4.0m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (4.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $2.1m against liabilities of $2.0m, net assets of $100k.