Sustainable Resources Center Inc
Analysis
Sustainable Resources Center Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Sustainable Resources Center Inc reported income of $12.0m and spending of $11.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $12.0m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sustainable Resources Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Sanibel-Captiva Conservation Foundation Inc ($12.0m), Texas Agricultural Land Trust ($12.1m) and Yerba Buena Gardens Conservancy ($11.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $248k (2.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.9m against liabilities of $2.1m, net assets of $2.9m. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Program services 59%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sanibel-Captiva Conservation Foundation Inc | Sanibel | $12.0m |
| Texas Agricultural Land Trust | San Antonio | $12.1m |
| Yerba Buena Gardens Conservancy | San Francisco | $11.9m |
| Wildlands Conservancy | Yucaipa | $12.2m |