Rose of Sharon Inc

Analysis

Rose of Sharon Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rose of Sharon Inc reported income of $87k and spending of $60k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $87k (+7.8%), an average of +7.8% a year. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rose of Sharon Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include California Homebrewers Association ($87k), Shop with a Mascot Inc ($87k) and Dream Tree Community Center ($87k).

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 $99k against liabilities of $0, net assets of $99k.