First Resource Center

Analysis

First Resource Center is a registered charity in United States, based in Palestine, TX. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Resource Center reported income of $123k and spending of $108k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $123k (+6.9%), an average of +6.9% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Resource Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include He Touch Me Ministries ($123k), Holistic Kids Foundation ($123k) and National Hook-Up of Black Women Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.