Rodos Foundation

Analysis

Rodos Foundation is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2024, Rodos Foundation reported income of $4.0m and spending of $625k, leaving 84% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $145k to $4.0m (+2641%), an average of +129% a year. The sharpest change came in the year to July 2021, when income rose by 6152%. Over the whole period it spent 8.3% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rodos Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Permian Basin Rehabilitation Center for Crippled Children and Adults ($4.0m), Fort Gay Primary Health Care Inc ($4.0m) and Foundation for a Healthy Kentucky Inc ($4.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $23.9m against liabilities of $0, net assets of $23.9m.