Resoarces

Analysis

Resoarces is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in February 2020, 6 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, Resoarces reported income of $190k and spending of $170k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $190k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resoarces sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include Texas Surf Conservancy ($190k), Michigan New Century Chinese Center ($190k) and Virginia Congress of Parents and Teachers Association ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. At year end it held assets of $71k against liabilities of $176, net assets of $70k.