Rodman for Kids Inc

Analysis

Rodman for Kids Inc is a registered charity in United States, based in Foxborough, MA. It received its IRS tax-exemption ruling in June 1997, 29 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, Rodman for Kids Inc reported income of $3.1m and spending of $3.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.1m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rodman for Kids Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Rochester Area Community Foundation Depository Inc ($3.1m), National Museum of the Mighty Eighth Air Force Inc ($3.1m) and Our Military Kids Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $248k (7.9% of expenses). At year end it held assets of $1.7m against liabilities of $194k, net assets of $1.5m. It reported 7 employees.