Resource Exchange International Inc
Analysis
Resource Exchange International Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Resource Exchange International Inc reported income of $2.4m and spending of $2.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 98% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Resource Exchange International Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Mercy Medical Center Cambodia Inc ($2.4m), Teach for Israel Inc ($2.4m) and Aid for Starving Children ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $390k (15% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $521k, net assets of $1.0m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mercy Medical Center Cambodia Inc | Westerville | $2.4m |
| Teach for Israel Inc | Columbus | $2.4m |
| Aid for Starving Children | Santa Rosa | $2.4m |
| Yuma Crossing National Heritage Area Corporation | Yuma | $2.4m |