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Sustainable Resources Center Inc

RegisteredEIN 41-1279468Minneapolis, MNEnvironment and conservation
Income$12.0m2023-12
Spending$11.6msame year
Spent / received96%5-year average
Size in its cause97th pctEnvironment and conservation
Exempt since1977Publicly supported organisat
Employees40latest return

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

$0$3.0m$6.0m$9.0m$12.0m2019 Income: $8,407,2472019 Spending: $8,223,76720192020 Income: $6,527,4602020 Spending: $6,356,62020202021 Income: $9,518,0702021 Spending: $8,963,75320212022 Income: $10,700,0682022 Spending: $10,260,89020222023 Income: $12,044,4712023 Spending: $11,585,9352023
IncomeSpending

Where the income comes from

  • Contributions & grants 41%
  • Program services 59%

Similar-sized charities, same cause

CharityLocationIncome
Sanibel-Captiva Conservation Foundation IncSanibel$12.0m
Texas Agricultural Land TrustSan Antonio$12.1m
Yerba Buena Gardens ConservancySan Francisco$11.9m
Wildlands ConservancyYucaipa$12.2m