Rmi Lab Properties Inc

Analysis

Rmi Lab Properties Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rmi Lab Properties Inc reported income of $342k and spending of $351k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $342k (+582%), an average of +161% a year. The sharpest change came in the year to December 2022, when income rose by 291%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rmi Lab Properties Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Northampton Center for the Arts Inc ($342k), Orchestrating Dreams Inc ($342k) and Womens Club Foundation Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $5.6m against liabilities of $5.7m, net assets of -$45k. It reported 2 employees.