Romimu Specials Programs Inc

Analysis

Romimu Specials Programs Inc is a registered charity in United States, based in Monticello, NY. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Romimu Specials Programs Inc reported income of $4.5m and spending of $3.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.5m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Romimu Specials Programs Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Port Washington Tennis Academy Inc ($4.4m), National Archery in the Shools Program Inc ($4.5m) and Helping Hands Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $120k (3.9% of expenses). Other salaries and wages came to $495k. At year end it held assets of $9.3m against liabilities of $1.0m, net assets of $8.3m. It reported 108 employees.