Rmcof Inc

Analysis

Rmcof Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2023, Rmcof Inc reported income of $149k and spending of $146k, spending 98% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $94k to $149k (+58%), an average of +58% a year. The sharpest change came in the year to July 2023, when income rose by 58%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rmcof Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Desert Pow Wow ($149k), St Paul & Suburban Area Intergroup Incorporated ($149k) and Gathering Place Inc ($149k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.