Rumshock Veterans Foundation

Analysis

Rumshock Veterans Foundation is a registered charity in United States, based in Highland MLS, NY. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Rumshock Veterans Foundation reported income of $391k and spending of $21k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $391k (+919%), an average of +918% a year. The sharpest change came in the year to December 2023, when income rose by 919%. Over the whole period it spent 8.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rumshock Veterans Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include International Cultic Studies Association Inc ($391k), Victorious Christian Living Inc ($391k) and Institute of Certified Professional Managers ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. At year end it held assets of $435k against liabilities of $12k, net assets of $423k.