Community Resource Exchange

Community Resource Exchange consistently operates with 0% officer compensation and stable finances.

EIN: 133048638 · New York, NY · NTEE: S50Z · Updated: 2026-03-28

$2.4MRevenue
$2.3MGross Revenue
$3.6MAssets
95/100Mission Score (Excellent)
S50Z
Community Resource Exchange Financial Summary
MetricValue
Total Revenue$2.4M
Total Expenses$3.9M
Program Spending85%
CEO/Top Officer Pay$3.5
Net Assets$4.2M
Transparency Score95/100

Is Community Resource Exchange Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Resource Exchange directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Resource Exchange

Community Resource Exchange (EIN: 133048638) is a nonprofit organization based in New York, NY, classified under NTEE code S50Z. The organization reported total revenue of $2.4M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Resource Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

44Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Community Resource Exchange is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.0M
Total Expenses$3.9M
Surplus / Deficit+$70K
Total Assets$4.6M
Total Liabilities$345K
Net Assets$4.2M
Operating Margin1.8%
Debt-to-Asset Ratio7.5%
Months of Reserves14.1 months

Financial Health Grade: A

In 2023, Community Resource Exchange reported a surplus of $70K with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Community Resource Exchange's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.4%-1.7%-1.0%
2022+3.7%+4.7%-16.7%
2021+13.3%-10.7%+12.1%
2020-20.7%-1.6%-5.2%
2019-12.4%+4.5%+1.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1982

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Community Resource Exchange (CRE) demonstrates consistent financial activity over the past decade, with revenues and expenses generally in the range of $3.5 million to $5 million. The organization has maintained a healthy asset base, consistently exceeding $3 million, indicating financial stability. For the most recent period (202309), CRE reported revenues of $3,959,933 against expenses of $3,890,195, resulting in a modest surplus. This trend of expenses closely tracking revenues suggests efficient management of resources. CRE's financial health appears sound, with assets consistently outweighing liabilities. For instance, in 202309, assets were $4,579,283 compared to liabilities of $344,922, indicating a strong financial position. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a strong focus on program delivery. Overall, CRE exhibits characteristics of a well-managed and transparent nonprofit. Its ability to operate with minimal executive compensation while maintaining a stable financial footing and consistent program delivery over many years points to a robust operational model and a strong dedication to its stated purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Resource Exchange with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Community Resource Exchange allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$4.0MTotal Revenue
$3.9MTotal Expenses
$4.6MTotal Assets
$345KTotal Liabilities
$4.2MNet Assets
  • The organization reported a surplus of $70K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 7.5%.

Executive Compensation Analysis

Community Resource Exchange consistently reports 0% officer compensation across all available filings, which is exceptional for an organization of its size with revenues frequently exceeding $3.5 million. This indicates a strong commitment to directing resources towards its mission rather than executive salaries.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Community Resource Exchange:

  • Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
  • Healthy asset base consistently exceeding liabilities, demonstrating financial stability.
  • Stable revenue and expense trends over a decade, suggesting reliable operations.
  • Strong program focus implied by minimal administrative and fundraising overhead (estimated).
  • Long history of IRS 990 filings (13 filings), indicating transparency and longevity.

Frequently Asked Questions about Community Resource Exchange

Is Community Resource Exchange a legitimate charity?

Community Resource Exchange (EIN: 133048638) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Community Resource Exchange spend its money?

Community Resource Exchange directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Community Resource Exchange tax-deductible?

Community Resource Exchange is registered as a tax-exempt nonprofit (EIN: 133048638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Community Resource Exchange CEO make?

Community Resource Exchange's highest-compensated officer earns $3.5 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Community Resource Exchange's spending goes to programs?

Community Resource Exchange directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Community Resource Exchange compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Community Resource Exchange is above average for NTEE category S50Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Community Resource Exchange located?

Community Resource Exchange is headquartered in New York, New York and files with the IRS under EIN 133048638. It is classified under NTEE code S50Z.

How many years of IRS 990 filings does Community Resource Exchange have?

Community Resource Exchange has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.

Is Community Resource Exchange a good charity?

Based on the provided IRS 990 data, Community Resource Exchange appears to be a very good charity. It consistently reports 0% officer compensation, maintains a healthy financial position with assets significantly exceeding liabilities, and demonstrates stable operations over a long period.

How has CRE's revenue trended over the last few years?

CRE's revenue has fluctuated but remained relatively stable over the last few years, ranging from a high of $4,448,621 in 201909 to $3,959,933 in 202309, indicating consistent funding streams.

What is the organization's asset-to-liability ratio?

For the most recent period (202309), CRE's asset-to-liability ratio is approximately 13.27 ($4,579,283 assets / $344,922 liabilities), indicating a very strong financial position.

Does CRE spend efficiently?

Yes, CRE appears to spend efficiently. Expenses generally track closely with revenues, and the consistent 0% officer compensation suggests a high proportion of funds are directed towards programmatic activities rather than administrative overhead or executive salaries.

Filing History

IRS 990 filing history for Community Resource Exchange showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Community Resource Exchange's revenue has grown by 7.6%, moving from $3.7M to $4.0M. Total assets increased by 7.9% over the same period, from $4.2M to $4.6M. Total functional expenses rose by 16.8%, from $3.3M to $3.9M. In its most recent filing year (2023), Community Resource Exchange reported a surplus of $70K, with revenue exceeding expenses. The organization holds $345K in liabilities against $4.6M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $4.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.0M $3.9M $4.6M $345K
2022 $4.1M $4.0M $4.6M $516K View 990
2021 $4.0M $3.8M $5.6M $1.4M View 990
2020 $3.5M $4.2M $5.0M $1.1M
2019 $4.4M $4.3M $5.2M $649K View 990
2018 $5.1M $4.1M $5.1M $619K View 990
2017 $4.1M $3.7M $3.9M $461K View 990
2016 $3.7M $4.0M $3.6M $582K View 990
2015 $3.8M $3.6M $3.7M $468K View 990
2014 $2.8M $3.1M $3.3M $378K View 990
2013 $2.9M $2.8M $3.5M $244K View 990
2012 $2.1M $3.0M $3.3M $199K View 990
2011 $3.7M $3.3M $4.2M $284K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.0M, expenses of $3.9M, and assets of $4.6M (revenue -4.4% year-over-year).
  • 2022: Revenue of $4.1M, expenses of $4.0M, and assets of $4.6M (revenue +3.7% year-over-year).
  • 2021: Revenue of $4.0M, expenses of $3.8M, and assets of $5.6M (revenue +13.3% year-over-year).
  • 2020: Revenue of $3.5M, expenses of $4.2M, and assets of $5.0M (revenue -20.7% year-over-year).
  • 2019: Revenue of $4.4M, expenses of $4.3M, and assets of $5.2M (revenue -12.4% year-over-year).
  • 2018: Revenue of $5.1M, expenses of $4.1M, and assets of $5.1M (revenue +24.1% year-over-year).
  • 2017: Revenue of $4.1M, expenses of $3.7M, and assets of $3.9M (revenue +11.0% year-over-year).
  • 2016: Revenue of $3.7M, expenses of $4.0M, and assets of $3.6M (revenue -3.7% year-over-year).
  • 2015: Revenue of $3.8M, expenses of $3.6M, and assets of $3.7M (revenue +38.0% year-over-year).
  • 2014: Revenue of $2.8M, expenses of $3.1M, and assets of $3.3M (revenue -5.5% year-over-year).
  • 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $3.5M (revenue +40.0% year-over-year).
  • 2012: Revenue of $2.1M, expenses of $3.0M, and assets of $3.3M (revenue -43.0% year-over-year).
  • 2011: Revenue of $3.7M, expenses of $3.3M, and assets of $4.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Community Resource Exchange:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Community Resource Exchange is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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