Resource Development Institute

Analysis

Resource Development Institute is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1953, 73 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Resource Development Institute reported income of $347k and spending of $393k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $390k to $347k (-11%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Resource Development Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Georgia Institute on Aging Inc ($347k), Boise Acupuncture Cooperative Inc ($347k) and John Paul II Medical Research Institute ($347k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $86k (22% of expenses). Other salaries and wages came to $203k. At year end it held assets of $294k against liabilities of $21k, net assets of $274k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.