Rosa Mystica

Analysis

Rosa Mystica is a registered charity in United States, based in East Norwich, NY. It received its IRS tax-exemption ruling in October 1996, 30 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 June 2023, Rosa Mystica reported income of $656k and spending of $432k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $258k to $656k (+155%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rosa Mystica sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Soldier on Development & Management Company Inc ($655k), Bittersweet Autism Foundation Inc ($656k) and College Beyond ($655k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $83k (19% of expenses). At year end it held assets of $1.7m against liabilities of $154k, net assets of $1.6m.