Resourcesunite

Analysis

Resourcesunite is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in January 2014, 12 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 December 2022, Resourcesunite reported income of $268k and spending of $293k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $384k to $268k (-30%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resourcesunite sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Pitzer Family Education Foundation ($268k), Great Lakes People Fund ($268k) and Crafted Collective Inc ($268k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $72k (25% of expenses). Other salaries and wages came to $36k. At year end it held assets of $215k against liabilities of $25k, net assets of $189k. It reported 2 employees.