Resources for Human Development Inc

Analysis

Resources for Human Development Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1971, 55 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 June 2023, Resources for Human Development Inc reported income of $307.6m and spending of $314.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $270.2m to $307.6m (+14%), an average of +3.3% a year. 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, Resources for Human Development Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include L C Ind Inc ($295.7m), Nysarc Inc ($308.1m) and Catholic Community Services of Western Washington ($295.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $2.3m (0.7% of expenses). Other salaries and wages came to $172.9m. At year end it held assets of $140.5m against liabilities of $124.0m, net assets of $16.5m. It reported 5,018 employees.