Re Sources
Analysis
Re Sources is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in September 1985, 41 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, Re Sources reported income of $2.3m and spending of $2.6m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.3m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 104% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Re Sources sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Georgia Conservancy Inc ($2.3m), Friends of Rye Nature Center Inc ($2.3m) and Vida Verde Nature Education ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $112k (4.3% of expenses). Other salaries and wages came to $1.7m. It paid $12k in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $1.5m, net assets of $778k. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 6.6%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Georgia Conservancy Inc | Atlanta | $2.3m |
| Friends of Rye Nature Center Inc | Rye | $2.3m |
| Vida Verde Nature Education | San Gregorio | $2.3m |
| Wolf River Conservancy Inc | Memphis | $2.3m |