Center for Resilience Inc

Analysis

Center for Resilience Inc is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. 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, Center for Resilience Inc reported income of $4.0m and spending of $4.9m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.0m (+66%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 55%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Resilience Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include Halifax Medical Center Foundation Inc ($4.0m), Wheaton College Billy Graham Center ($4.0m) and Futures Unlimited Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $126k (2.6% of expenses). At year end it held assets of $580k against liabilities of $1.3m, net assets of -$749k. It reported 78 employees.