Regional Access Mobilization Project Inc

Analysis

Regional Access Mobilization Project Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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 June 2023, Regional Access Mobilization Project Inc reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $3.1m (+14%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Access Mobilization Project Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Willamsburg Area Medical Assistance Corporation ($3.1m), Midnight Call Inc ($3.1m) and Enterprise Community Nursing Home Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $123k (4.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.5m against liabilities of $466k, net assets of $4.0m. It reported 48 employees.