Resolution Center Inc

Analysis

Resolution Center Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in July 1994, 32 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 June 2023, Resolution Center Inc reported income of $452k and spending of $413k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $249k to $452k (+82%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Resolution Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Northeast Texas Chapter American Concrete Institute ($452k), Sealy Christian Pantry Inc ($452k) and Preventive Measures Foundation ($452k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $66k (16% of expenses). Other salaries and wages came to $208k. At year end it held assets of $424k against liabilities of $879, net assets of $423k. It reported 5 employees.