Responsible Sourcing Network

Analysis

Responsible Sourcing Network is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 2024, Responsible Sourcing Network reported income of $207k and spending of $407k, spending 196% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $249k to $207k (-17%), an average of -5.9% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Responsible Sourcing Network sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include My Sisters Lighthouse Resource Center Inc ($207k), Migrant Legal Action Program Inc ($207k) and Friends of Western Pa Cares for Kids Inc ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $124k (30% of expenses). Other salaries and wages came to $64k. At year end it held assets of $100k against liabilities of $40k, net assets of $60k. It reported 2 employees.