M C Resource Management
Analysis
M C Resource Management is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, M C Resource Management reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+13%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, M C Resource Management sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AK. Charities of a similar size with the same main cause include Reconnect Rondo ($2.4m), Fairbanks Pipeline Training Center Trust ($2.4m) and Ukiah Valley Association for Habilitation ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (6.4% of expenses). At year end it held assets of $469k against liabilities of $138k, net assets of $331k. It reported 50 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reconnect Rondo | Saint Paul | $2.4m |
| Fairbanks Pipeline Training Center Trust | Fairbanks | $2.4m |
| Ukiah Valley Association for Habilitation | Ukiah | $2.4m |
| Mind Shift | New Hope | $2.4m |