Rosaleanas Community Developmentcenter Inc

Analysis

Rosaleanas Community Developmentcenter Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rosaleanas Community Developmentcenter Inc reported income of $809k and spending of $861k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $809k (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 440%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rosaleanas Community Developmentcenter 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 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Cape Kid Meals Inc ($809k), Haverhill Day Nursery Association Inc ($809k) and Fostering Great Ideas ($808k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $159k (18% of expenses). It paid $3,337 in professional fundraising fees. At year end it held assets of $294k against liabilities of $0, net assets of $294k.

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.