Resilience Resource Company
Analysis
Resilience Resource Company is a registered charity in United States, based in Fort Morgan, CO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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 January 2024, Resilience Resource Company reported income of $65k and spending of $74k, spending 115% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $135k to $65k (-52%), an average of -52% a year. The sharpest change came in the year to January 2024, when income dropped by 52%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Resilience Resource Company sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include PTA Florida Congress ($65k), Virginia Congress of Parents and Teachers ($65k) and Parent Booster USA Inc ($65k).
On its Form 990 for the period ending January 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $35k (48% of expenses). At year end it held assets of $9,512 against liabilities of $0, net assets of $9,512.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| PTA Florida Congress | Pembroke Pnes | $65k |
| Virginia Congress of Parents and Teachers | Richmond | $65k |
| Parent Booster USA Inc | Flower Mound | $65k |
| Student Union Corp of the Univ of Kansas Medical Center | Kansas City | $65k |