Resources Inspiring Success and Empowering

Analysis

Resources Inspiring Success and Empowering is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Resources Inspiring Success and Empowering reported income of $371k and spending of $330k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $81k to $371k (+359%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 579%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resources Inspiring Success and Empowering sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Project Legacy ($371k), Orange Christian Services Inc ($371k) and Shawano Area Matthew 25 Inc ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $34k (10% of expenses). At year end it held assets of $64k against liabilities of $5,121, net assets of $59k.