National Center for Resource Development

Analysis

National Center for Resource Development is a registered charity in United States, based in Lost City, WV. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, National Center for Resource Development reported income of $247k and spending of $218k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $247k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Center for Resource Development sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WV. Charities of a similar size with the same main cause include Seeing Hand Association Inc ($247k), Forever Parks Foundation of Pearland ($247k) and Vietnamese American Roundtable ($247k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.