RCBC Inc

Analysis

RCBC Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, RCBC Inc reported income of $54k and spending of $58k, spending 107% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $80k to $54k (-32%), an average of -32% a year. The sharpest change came in the year to July 2023, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, RCBC Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Marshall Area Youth Network ($54k), Police Athletic League Inc of Linden N J ($54k) and Mentors of Rush County Empowering Youth Inc ($54k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 70% of the total. At year end it held assets of $1 against liabilities of $2,975, net assets of -$2,974.