RSVL Inc

Analysis

RSVL Inc is a registered charity in United States, based in Marrero, LA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, RSVL Inc reported income of $529k and spending of $803k, spending 152% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $802k to $529k (-34%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, RSVL Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include We Are Hope Inc ($529k), Fort Belknap Community Economic Development Corporation ($529k) and Centro Comunitario de Los Trabajadores ($529k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 5.9% of the total. At year end it held assets of $453k against liabilities of $0, net assets of $453k. It reported 28 employees.