Rosati Center

Analysis

Rosati Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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, Rosati Center reported income of $64k and spending of $82k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $49k to $64k (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 60%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosati Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within MO. Charities of a similar size with the same main cause include Leadership Albany Inc ($64k), Ballard Jr Football Inc ($64k) and Texas Pharmacy Foundation Inc ($64k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $287k against liabilities of $495k, net assets of -$208k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.