RSHM Life Center Inc

Analysis

RSHM Life Center Inc is a registered charity in United States, based in Sleepy Hollow, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, RSHM Life Center Inc reported income of $665k and spending of $789k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $516k to $665k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, RSHM Life Center Inc sits at the 72nd percentile: it is larger than about 72% 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 Farm & Home Foundation of Lancaster County ($665k), Rampant Lion Foundation ($665k) and Rebuilding Together Atlanta Inc ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $449k. It paid $7,699 in professional fundraising fees. At year end it held assets of $573k against liabilities of $42k, net assets of $531k. It reported 21 employees.