Resolve Inc
Analysis
Resolve Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Resolve Inc reported income of $8.1m and spending of $7.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $8.1m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 91% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Resolve Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include The Legacy Senior Communities Foundation ($8.1m), Valley Zoological Society Chartered May 1968 ($8.1m) and Animal Humane Association of New Mexico Inc ($8.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $612k (7.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $11.9m against liabilities of $5.4m, net assets of $6.4m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 51%
- Other 6.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Legacy Senior Communities Foundation | Dallas | $8.1m |
| Valley Zoological Society Chartered May 1968 | Brownsville | $8.1m |
| Animal Humane Association of New Mexico Inc | Albuquerque | $8.1m |
| Zoo Miami Foundation Inc | Miami | $8.1m |