A S P E N Rhoads Research Foundation Inc

Analysis

A S P E N Rhoads Research Foundation Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 September 2023, A S P E N Rhoads Research Foundation Inc reported income of $249k and spending of $310k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $733k to $249k (-66%), an average of -24% a year. The sharpest change came in the year to September 2020, when income dropped by 66%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A S P E N Rhoads Research Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Ellsworth Free Medical Clinic ($249k), Jene-Sis ($249k) and FSHNC Inc ($249k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.5m against liabilities of $121k, net assets of $2.4m.