Operation Resolute Inc

Analysis

Operation Resolute Inc is a registered charity in United States, based in Belhaven, NC. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Operation Resolute Inc reported income of $465k and spending of $313k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $465k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Operation Resolute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Sarasota Hope House Inc ($465k), Interaction International Inc ($465k) and International Theological Education Ministries Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $116k (37% of expenses). Other salaries and wages came to $13k. At year end it held assets of $1.5m against liabilities of $2,472, net assets of $1.5m. It reported 3 employees.