Roosevelt Row Community Developmentcorporation

Analysis

Roosevelt Row Community Developmentcorporation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Roosevelt Row Community Developmentcorporation reported income of $753k and spending of $637k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $753k (+278%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 206%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roosevelt Row Community Developmentcorporation 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 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Sagebrush Inc ($753k), Living Harvest Inc ($753k) and Lean Rocket Lab ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). At year end it held assets of $396k against liabilities of $159k, net assets of $238k. It reported 1 employees.