Rolling Thunder Charities Inc

Analysis

Rolling Thunder Charities Inc is a registered charity in United States, based in Neshanic Sta, NJ. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Rolling Thunder Charities Inc reported income of $80k and spending of $81k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $80k (-71%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rolling Thunder Charities 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 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Ncic2 Inc ($80k), PTA Georgia Congress ($80k) and Georgia Extension 4-H Foundation ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $276k against liabilities of $3,575, net assets of $272k.