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Resources for the Future Inc

RegisteredEIN 53-0220900Washington, DCEnvironment and conservation
Income$13.7m2023-09
Spending$17.2msame year
Spent / received118%5-year average
Size in its cause98th pctEnvironment and conservation
Exempt since1984Publicly supported organisat
Employees99latest return

Analysis

Resources for the Future Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Resources for the Future Inc reported income of $13.7m and spending of $17.2m, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.2m to $13.7m (+50%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 69%. Over the whole period it spent 118% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Resources for the Future 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 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Lewis Ginter Botanical Garden Inc ($13.7m), Queens Botanical Garden Society Inc ($13.7m) and Stand ($13.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.9m (11% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $81.9m against liabilities of $24.1m, net assets of $57.7m. It reported 99 employees.

Income and spending

$0$4.3m$8.6m$12.9m$17.2m2019 Income: $9,153,0962019 Spending: $14,744,18020192020 Income: $15,471,0202020 Spending: $15,524,55020202021 Income: $15,530,6732021 Spending: $15,342,31920212022 Income: $13,028,2012022 Spending: $16,004,58820222023 Income: $13,736,9942023 Spending: $17,236,7862023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Lewis Ginter Botanical Garden IncRichmond$13.7m
Queens Botanical Garden Society IncFlushing$13.7m
StandSan Francisco$13.6m
American Council for an Energy Efficient EconomyWashington$13.8m