Resilience Education Training and Innovation Center Limited

Analysis

Resilience Education Training and Innovation Center Limited is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Resilience Education Training and Innovation Center Limited reported income of $611k and spending of $508k, spending 83% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $584k to $611k (+4.7%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resilience Education Training and Innovation Center Limited sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include The Club Foundation ($611k), Ffa Building Company ($611k) and Smart Start of Yadkin County Inc ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $111k (22% of expenses). Other salaries and wages came to $174k. At year end it held assets of $137k against liabilities of $61k, net assets of $76k. It reported 4 employees.