Resonance Project Foundation

Analysis

Resonance Project Foundation is a registered charity in United States, based in France. It received its IRS tax-exemption ruling in May 2006, 20 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Resonance Project Foundation reported income of $382k and spending of $627k, spending 164% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $986k to $382k (-61%), an average of -21% a year. The sharpest change came in the year to December 2019, when income rose by 87%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Resonance Project Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($381k), Growing Tree Inc ($382k) and Redlands Baseball Softball for Youth ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. At year end it held assets of $87k against liabilities of $8,091, net assets of $79k.