Rimon Club Z Inc

Analysis

Rimon Club Z Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Rimon Club Z Inc reported income of $3.8m and spending of $3.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.8m (+140%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 179%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rimon Club Z Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Plaza Jewish Community Chapel Inc ($3.8m), Victory Ministry & Sports Complex ($3.8m) and Yogananda Seva Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $163k (4.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.9m against liabilities of $360k, net assets of $1.5m. It reported 29 employees.