Ag Rhodes Property Holdings

Analysis

Ag Rhodes Property Holdings is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ag Rhodes Property Holdings reported income of $1.5m and spending of $422k, leaving 72% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $3.5m to $1.5m (-56%), an average of -56% a year. The sharpest change came in the year to June 2023, when income dropped by 56%. Over the whole period it spent 11% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ag Rhodes Property Holdings sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include A Life Worth Living ($1.5m), Allies in Caring ($1.5m) and Todays Hope ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 82% of the total. Other salaries and wages came to $10k. At year end it held assets of $50.1m against liabilities of $45.6m, net assets of $4.5m.