Richmond Community Services Foundation Inc

Analysis

Richmond Community Services Foundation Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Richmond Community Services Foundation Inc reported income of $281k and spending of $236k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $281k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Richmond Community Services Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Gesundheit Institute ($281k), Bev Hartig Huntington Disease Foundation Inc ($281k) and Tusten Volunteer Ambulance Service Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.7m against liabilities of $711k, net assets of $1.0m.