UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

SEC File Number:

0-4408

CUSIP Number:

761195205

(Check One):  ¨ Form 10-K  ¨ Form 20-F  R Form 11-K  ¨ Form 10-Q  ¨ Form N-SAR ¨ Form N-CSR

For Period Ended:  December 31, 2009

¨ Transition Report on Form 10-K

¨ Transition Report on Form 20-F

¨ Transition Report on Form 11-K

¨ Transition Report on Form 10-Q

¨ Transition Report on Form N-SAR

For the transition period ended:   Not applicable

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:   Not applicable

PART I - REGISTRANT INFORMATION

Resource America, Inc.

Full Name of Registrant

Not Applicable

Former Name if Applicable

One Crescent Drive, Suite 203

Address of Principal Executive Office (Street and Number)

Philadelphia, PA 19112

City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

R	(a)The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
	(b)The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report, or portion thereof, could not be filed within the prescribed time period.

The Registrant is unable to file its Annual Report on Form 11-K for the Resource America, Inc. Investment Savings Plan for the year ended December 31, 2009 (the “11-K”) within the prescribed time period without unreasonable effort or expense.  The Registrant had unanticipated delays in the collection and compilation of certain information required to be included in the 11-K.  The Registrant will file the 11-K on or before the fifteenth calendar day following the prescribed due date.

PART IV - OTHER INFORMATION

(1)   Name and telephone number of person to contact in regard to this notification:

Dean R. McQuirns	(215) 546-5005
(Name)	(Area Code) (Telephone Number)

(2)   Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed?  If the answer is no, identify report(s).

R Yes  ¨ No

(3)   Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

¨ Yes  R No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Resource America, Inc.

(Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

Date:           June 30, 2010	By:	/s/ Dean R. McQuirns
		Dean R. McQuirns
		Plan Administrator