Community Resources Inc

Analysis

Community Resources Inc is a registered charity in United States, based in Vienna, WV. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Community Resources Inc reported income of $5.0m and spending of $4.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $5.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Resources Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Senior Citizens Inc ($5.0m), Concord Childrens Center Inc ($5.0m) and Young Mens Christian Association ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $164k (3.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.7m against liabilities of $647k, net assets of $3.1m. It reported 102 employees.