Rosemarys Babies

Analysis

Rosemarys Babies is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 2016, 10 years ago. 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, Rosemarys Babies reported income of $960k and spending of $742k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $247k to $960k (+289%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosemarys Babies sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Lake Oswego School Dist Foundation Inc ($960k), Performing Arts Centers of Key West Inc ($960k) and Liberty Foundation Inc ($960k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (7.4% of expenses). At year end it held assets of $1.1m against liabilities of $359k, net assets of $790k.