Integrated Resources Inc

Analysis

Integrated Resources Inc is a registered charity in United States, based in Mullens, WV. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Integrated Resources Inc reported income of $3.6m and spending of $4.0m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.9m to $3.6m (-26%), an average of -5.9% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Integrated Resources Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Regional Properties Inc ($3.6m), Americas Youth Teenage Unemployment Reduction Network Inc ($3.6m) and Small Business Assistance Corp ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $200k (5.0% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.6m against liabilities of $233k, net assets of $1.3m. It reported 247 employees.