Resources and Aid Mobilization Foundation

Analysis

Resources and Aid Mobilization Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Resources and Aid Mobilization Foundation reported income of $212k and spending of $212k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $253k to $212k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Resources and Aid Mobilization Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Walk with the King Inc ($212k), Iglesia Catolica Siro Ortodoxa de Antioquia LA Nueva Creacion ($212k) and Korean Baptist Press of the United States Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $157k, net assets of $0.