RRFT Enterprise

Analysis

RRFT Enterprise is a registered charity in United States, based in Eden, MD. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, RRFT Enterprise reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $2.3m (+86%), an average of +17% a year. The sharpest change came in the year to August 2021, when income rose by 124%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, RRFT Enterprise sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Special Camps for Special Kids ($2.3m), New Orleans Bowl Inc ($2.3m) and Knox Inc ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $783k. At year end it held assets of $319k against liabilities of $951k, net assets of -$632k. It reported 12 employees.