The Resource Center for Community

Analysis

The Resource Center for Community is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Resource Center for Community reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $677k to $1.2m (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Resource Center for Community sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Dadcamp Inc ($1.2m), Feed the Second Line ($1.2m) and Swop Behind Bars Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $71k (5.7% of expenses). Other salaries and wages came to $186k. At year end it held assets of $446k against liabilities of $122k, net assets of $324k. It reported 13 employees.