Round It Up America Inc

Analysis

Round It Up America Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Round It Up America Inc reported income of $8.8m and spending of $8.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $8.8m (+604%), an average of +63% a year. The sharpest change came in the year to December 2020, when income rose by 228%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Round It Up America Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Commonwealth Charitable Management Inc ($8.7m), Wichita Falls Area Community Foundation ($8.8m) and Block 3 Community Urban Redevelopment Corporation ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $290k (3.3% of expenses). At year end it held assets of $3.8m against liabilities of $3.9m, net assets of -$140k. It reported 1 employees.