Rosedale Development Association Inc

Analysis

Rosedale Development Association Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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, Rosedale Development Association Inc reported income of $391k and spending of $514k, spending 132% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $385k to $391k (+1.6%), an average of +0.3% a year. The sharpest change came in the year to December 2019, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosedale Development Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KS. Charities of a similar size with the same main cause include Victorious Christian Living Inc ($391k), Union Labor Housing Inc ($391k) and Rumshock Veterans Foundation ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). Other salaries and wages came to $211k. At year end it held assets of $202k against liabilities of $30k, net assets of $172k. It reported 29 employees.