RCM America Inc

Analysis

RCM America Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, RCM America Inc reported income of $1.2m and spending of $1.9m, spending 160% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.3m to $1.2m (-8.7%), an average of -2.2% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, RCM America Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include California Strawberry Festival ($1.2m), Shreveport Symphony Orchestra Foundation ($1.2m) and The National Jazz Museum in Harlem ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $237k against liabilities of $6.2m, net assets of -$6.0m. It reported 1 employees.