Rodeheaver Foundation Inc

Analysis

Rodeheaver Foundation Inc is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Rodeheaver Foundation Inc reported income of $375k and spending of $553k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $187k to $375k (+101%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 370%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rodeheaver Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Gavers Community Cancer Foundation ($375k), Shirley and Leonard Goldstein Supporting Foundation ($375k) and Pennies for Education and Health Foundation ($375k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $80k. At year end it held assets of $3.7m against liabilities of $20k, net assets of $3.7m. It reported 1 employees.