Rattapallax Incorporated

Analysis

Rattapallax Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rattapallax Incorporated reported income of $400k and spending of $288k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $400k (+94%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rattapallax Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Friends of Mount Harmon Inc ($399k), Big Sky Film Institute ($400k) and Beaches Fine Arts Series Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $25k (8.7% of expenses). Other salaries and wages came to $41k. At year end it held assets of $433k against liabilities of $0, net assets of $433k.