Rrenjet Shqiptare Albanian Roots Inc

Analysis

Rrenjet Shqiptare Albanian Roots Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rrenjet Shqiptare Albanian Roots Inc reported income of $73k and spending of $998k, spending 1365% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.6m to $73k (-96%), an average of -64% a year. The sharpest change came in the year to December 2021, when income dropped by 98%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rrenjet Shqiptare Albanian Roots Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Sawdust Theatre ($73k), Rhythm Visions Production Company Inc ($73k) and Grimmer Band Boosters ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.