RBRC II Inc

Analysis

RBRC II Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in March 2004, 22 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, RBRC II Inc reported income of $54k and spending of $59k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $54k (+0.2%), an average of +0.2% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, RBRC II Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Yankton Thrive Foundation Inc ($54k), Community Service Foundation Trust ($54k) and Lets Go to Work Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.