Red Rose Intercultural and Educational Foundation

Analysis

Red Rose Intercultural and Educational Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in February 2006, 20 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, Red Rose Intercultural and Educational Foundation reported income of $97k and spending of $69k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $181k to $97k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red Rose Intercultural and Educational Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include New York Piano Society Inc ($97k), Marjorie Strider Foundation Inc ($97k) and Ibec Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $675k against liabilities of $160k, net assets of $515k.