RF Catalytic Capital Inc

Analysis

RF Catalytic Capital Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, RF Catalytic Capital Inc reported income of $289.0m and spending of $192.6m, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $6.8m to $289.0m (+4181%), an average of +250% a year. The sharpest change came in the year to December 2021, when income rose by 3548%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, RF Catalytic Capital Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include United States Energy Foundation ($286.0m), P E F Israel Endowment Funds Inc ($289.5m) and The New York Community Trust ($282.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $3.5m (1.8% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $284.3m against liabilities of $105.7m, net assets of $178.6m. It reported 35 employees.