Resource Support & Development Inc

Analysis

Resource Support & Development Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in June 1975, 51 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 June 2023, Resource Support & Development Inc reported income of $5.7m and spending of $5.9m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $5.7m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resource Support & Development Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include Achieve Services Inc ($5.7m), Volunteers of America Inc ($5.7m) and Young Womens Christian Association ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $176k (3.0% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $5.7m against liabilities of $1.1m, net assets of $4.5m. It reported 240 employees.