Rahob Development Project

Analysis

Rahob Development Project is a registered charity in United States, based in Petersburg, NY. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rahob Development Project reported income of $68k and spending of $50k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $68k (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rahob Development Project sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Gaden Jangtse Thoesam Buddhist Center Inc ($68k), Irgun Tiferes Bochurim ($68k) and Overseas Catholics of Bui Chu Diocese ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.