Rodel Charitable Foundation de

Analysis

Rodel Charitable Foundation de is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in May 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rodel Charitable Foundation de reported income of $5.8m and spending of $7.8m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $5.8m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rodel Charitable Foundation de sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within DE. Charities of a similar size with the same main cause include Midwest Housing Development Fund Inc ($5.8m), United Methodist Foundation of LA ($5.8m) and David C Ai Crat 05051996 ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $982k (13% of expenses). Other salaries and wages came to $862k. At year end it held assets of $14.4m against liabilities of $208k, net assets of $14.2m. It reported 39 employees.