RSK Enterprises Inc
Analysis
RSK Enterprises Inc is a registered charity in United States, based in Long Branch, NJ. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, RSK Enterprises Inc reported income of $894k and spending of $828k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $737k to $894k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, RSK Enterprises Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Caring and Sharing Inc ($894k), Rebuild California Alliance ($894k) and Mental Health Programs Inc - X ($894k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $476k. At year end it held assets of $312k against liabilities of $1,664, net assets of $310k. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 93%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caring and Sharing Inc | Elizabethtown | $894k |
| Rebuild California Alliance | Los Angeles | $894k |
| Mental Health Programs Inc - X | Newton | $894k |
| Darby Rodeo Association | Darby | $895k |