Resource Exchange

Analysis

Resource Exchange is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Resource Exchange reported income of $300k and spending of $270k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $300k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Resource Exchange sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include White River Partnership Inc ($300k), Outdoor Heritage Foundation ($300k) and Olympic Nature Experience ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $44k (16% of expenses). Other salaries and wages came to $95k. At year end it held assets of $154k against liabilities of $5,576, net assets of $149k. It reported 11 employees.