Rosemarys Wish Kids Inc

Analysis

Rosemarys Wish Kids Inc is a registered charity in United States, based in Tiverton, RI. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rosemarys Wish Kids Inc reported income of $157k and spending of $117k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $157k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rosemarys Wish Kids Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within RI. Charities of a similar size with the same main cause include Serendipity Equine Inc ($157k), North Carolina Coalition on Aging ($157k) and Hope Found of Northeast Arkansas ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Other salaries and wages came to $31k. At year end it held assets of $337k against liabilities of $331, net assets of $337k.