RVC Community Fund Inc

Analysis

RVC Community Fund Inc is a registered charity in United States, based in Rockville Ctr, NY. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, RVC Community Fund Inc reported income of $123k and spending of $91k, leaving 26% of income unspent that year. Across the 3 years on record, from September 2020 to September 2023, income fell from $223k to $123k (-45%), an average of -26% a year. The sharpest change came in the year to September 2022, when income dropped by 47%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, RVC Community Fund Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Fostering Faithfully ($123k), Wings of Love Inc ($123k) and Mydream Global Foundation a NJ Nonprofit Corporation ($123k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $353k against liabilities of $15k, net assets of $338k.