Rose Hill Foundation Inc

Analysis

Rose Hill Foundation Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in April 1997, 29 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, Rose Hill Foundation Inc reported income of $64k and spending of $85k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $64k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 199% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rose Hill Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Community Vision Inc ($64k), Harrison Educational Foundation Incorporated ($64k) and Friends of Warren County Conservation ($64k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $270k, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.