Rosemoor Foundation Inc

Analysis

Rosemoor Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Rosemoor Foundation Inc reported income of $5.3m and spending of $7.5m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.8m to $5.3m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rosemoor Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Teleios Collaborative Network ($5.3m), Foothill-De Anza Community Colleges Foundation ($5.3m) and The Bison Childrens Scholarship Fund Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $9,500. At year end it held assets of $10.2m against liabilities of $3.0m, net assets of $7.2m. It reported 1 employees.