Resources USA Inc

Analysis

Resources USA Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Resources USA Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $1.0m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 298%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resources USA Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Metro Louisville Harm Reduction Task Force ($1.0m), Covenant Baptist Theological Seminary ($1.0m) and Wilkinson School Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.