Rofayki Inc

Analysis

Rofayki Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rofayki Inc reported income of $137k and spending of $138k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $137k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rofayki Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within WV. Charities of a similar size with the same main cause include Greenville Chautauqua Society ($137k), Soikot-Bengali Association of Greater Tampa Inc ($137k) and Paliyad Pariwar USA Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $62k against liabilities of $11k, net assets of $52k.