R L C Corp

Analysis

R L C Corp is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, R L C Corp reported income of $3.5m and spending of $3.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.5m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, R L C Corp sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Western South Dakota Senior Services Inc ($3.5m), The Harford Center Inc ($3.5m) and St Albans Day Nursery Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Other salaries and wages came to $857k. At year end it held assets of $7.3m against liabilities of $1.6m, net assets of $5.7m. It reported 17 employees.