Orchard Resources Inc

Analysis

Orchard Resources Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Orchard Resources Inc reported income of $611k and spending of $816k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $659k to $611k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Orchard Resources Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Sisters of the Blessed Korean Martyrs ($611k), New York Insight Inc ($611k) and Jesus Cares - McNairy County ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $139k (17% of expenses). Other salaries and wages came to $348k. At year end it held assets of $684k against liabilities of $3,784, net assets of $681k. It reported 7 employees.