Romy and Gaby Sci Foundation Inc

Analysis

Romy and Gaby Sci Foundation Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Romy and Gaby Sci Foundation Inc reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $817k to $1.1m (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Romy and Gaby Sci Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Association for the Blind and Visually Impaired South Carolina ($1.1m), Asociacion Fomento Educativo Inc ($1.1m) and Sumter Senior Services Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $55k (5.3% of expenses). At year end it held assets of $1.2m against liabilities of $7,030, net assets of $1.2m. It reported 19 employees.