Resource Innovation Institute

Analysis

Resource Innovation Institute is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Resource Innovation Institute reported income of $1.0m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $1.0m (+345%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Resource Innovation Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Tin Mountain Conservation Center Incorporated ($1.0m), Water Wise Gulf South ($1.0m) and Partnership for Gulf Coast Land Conservation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $252k (23% of expenses). Other salaries and wages came to $381k. At year end it held assets of $155k against liabilities of $176k, net assets of -$20k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.