Rosaria Communities Foundation Inc

Analysis

Rosaria Communities Foundation Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rosaria Communities Foundation Inc reported income of $260k and spending of $309k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $257k to $260k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosaria Communities Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Chicago Jazz Orchestra Association ($260k), Brain Injury Association of Missouri Inc ($260k) and Circle Y Ranch of Bangor Mich ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $33k. At year end it held assets of $298k against liabilities of $13k, net assets of $286k. It reported 1 employees.