Dominion Resource Center Inc

Analysis

Dominion Resource Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dominion Resource Center Inc reported income of $12.0m and spending of $9.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $12.0m (+217%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dominion Resource Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Firstmed Health and Wellness Center ($12.0m), Apostolic Christian Home Inc ($12.0m) and Promise Healthcare NFP ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $439k (4.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $10.1m against liabilities of $1.9m, net assets of $8.1m. It reported 100 employees.