Resilient Cities Catalyst Inc

Analysis

Resilient Cities Catalyst Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Resilient Cities Catalyst Inc reported income of $6.9m and spending of $4.5m, leaving 36% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.8m to $6.9m (+152%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 381%. Over the whole period it spent 62% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Resilient Cities Catalyst Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Historic Virginia Land Conservancy ($6.9m), Conservation Lands Foundation ($6.9m) and Wilderness Inquiry Inc ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $1.2m (27% of expenses). Other salaries and wages came to $795k. At year end it held assets of $7.9m against liabilities of $1.0m, net assets of $6.9m.