Resonance Center for Women Inc

Analysis

Resonance Center for Women Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1977, 49 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, Resonance Center for Women Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resonance Center for Women Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Victim Assistance Program Inc ($2.2m), Pecos County Community Action Agency ($2.2m) and Garrett Community Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $130k (6.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.2m against liabilities of $217k, net assets of $2.9m. It reported 49 employees.