Strategic Resource Group Inc

Analysis

Strategic Resource Group Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Strategic Resource Group Inc reported income of $52.1m and spending of $56.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $52.1m (+147%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Strategic Resource Group 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 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include United Bible Societies Association Inc ($50.9m), Cross International Inc ($52.6m) and Bon Secours Mercy Health Foundation ($49.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $408k. At year end it held assets of $14.2m against liabilities of $525k, net assets of $13.7m. It reported 3 employees.