Resourcewest

Analysis

Resourcewest is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Resourcewest reported income of $655k and spending of $594k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $446k to $655k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resourcewest sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Little Scholars Academy Inc ($655k), Legacy Institute ($655k) and International Papillomavirus Society Inc ($655k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $148k. At year end it held assets of $525k against liabilities of $24k, net assets of $501k. It reported 6 employees.