Rockwall Amica Sorority Inc

Analysis

Rockwall Amica Sorority Inc is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2024, Rockwall Amica Sorority Inc reported income of $112k and spending of $128k, spending 114% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $333k to $112k (-66%), an average of -20% a year. The sharpest change came in the year to April 2022, when income rose by 267%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockwall Amica Sorority 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 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Virtues Matter Inc ($112k), Stop Abuse for Everyone ($112k) and Southwestern Childrens Home Trust ($112k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $65k against liabilities of $20k, net assets of $45k.