Essential Resource Consultants

Analysis

Essential Resource Consultants is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Essential Resource Consultants reported income of $550k and spending of $550k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $62k to $550k (+786%), an average of +198% a year. The sharpest change came in the year to December 2022, when income rose by 232%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Essential Resource Consultants sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within NV. Charities of a similar size with the same main cause include Christian Cheerleaders of America Incorporated ($550k), Jeffco Prosperity Partners ($550k) and Craftsbury Saplings ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $29k (5.3% of expenses). Other salaries and wages came to $71k. At year end it held assets of $6,458 against liabilities of $0, net assets of $6,458. It reported 11 employees.