Rochester Businessmans Charitable Organization Inc

Analysis

Rochester Businessmans Charitable Organization Inc is a registered charity in United States, based in Pittsford, NY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rochester Businessmans Charitable Organization Inc reported income of $204k and spending of $204k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $204k (+13%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rochester Businessmans Charitable Organization Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Sertoma Inc ($204k), Scribner Area Foundation ($204k) and Will Family Trust ($204k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $134k against liabilities of $110k, net assets of $24k.