Rit Global Delivery Corporation
Rit Global Delivery Corporation shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 201151703 · Rochester, NY · NTEE: B114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.2M |
| Total Expenses | $8.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $5.5M |
| Transparency Score | 85/100 |
Is Rit Global Delivery Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rit Global Delivery Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rit Global Delivery Corporation
Rit Global Delivery Corporation (EIN: 201151703) is a nonprofit organization based in Rochester, NY, classified under NTEE code B114. The organization reported total revenue of $11.2M and total assets of $10.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rit Global Delivery Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rit Global Delivery Corporation is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$580K |
| Total Assets | $11.7M |
| Total Liabilities | $6.3M |
| Net Assets | $5.5M |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 53.4% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Rit Global Delivery Corporation reported a surplus of $580K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 53.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rit Global Delivery Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | +0.8% | +3.1% |
| 2022 | -3.6% | -0.8% | +6.7% |
| 2021 | +2.7% | +0.7% | +156.6% |
| 2020 | +2.3% | -3.6% | +38.2% |
| 2019 | +7.1% | +3.3% | +24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rit Global Delivery Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Rit Global Delivery Corporation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $580K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $11 million in assets and $8 million in annual expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rit Global Delivery Corporation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it difficult to fully assess program efficiency.
- Unusually high asset growth without corresponding increase in expenses, which could indicate significant reserves or investments not directly tied to immediate program delivery.
Strengths
The following positive indicators were identified for Rit Global Delivery Corporation:
- Consistent revenue growth, from $5,950,502 in 2014 to $8,942,634 in 2023.
- Significant asset accumulation, growing from $1,931,453 in 2014 to $11,728,186 in 2023.
- No reported officer compensation, indicating high efficiency in resource allocation.
- Revenues consistently exceed expenses, demonstrating financial stability and sustainability.
- Long history of IRS 990 filings (13 filings), suggesting strong commitment to transparency.
Frequently Asked Questions about Rit Global Delivery Corporation
Is Rit Global Delivery Corporation a legitimate charity?
Rit Global Delivery Corporation (EIN: 201151703) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Rit Global Delivery Corporation spend its money?
Rit Global Delivery Corporation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rit Global Delivery Corporation tax-deductible?
Rit Global Delivery Corporation is registered as a tax-exempt nonprofit (EIN: 201151703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rit Global Delivery Corporation CEO make?
Rit Global Delivery Corporation's highest-compensated officer earns $11 annually. The organization reported $11.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Rit Global Delivery Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rit Global Delivery Corporation is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rit Global Delivery Corporation located?
Rit Global Delivery Corporation is headquartered in Rochester, New York and files with the IRS under EIN 201151703. It is classified under NTEE code B114.
How many years of IRS 990 filings does Rit Global Delivery Corporation have?
Rit Global Delivery Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.2M in total revenue.
Is Rit Global Delivery Corporation a good charity?
Based on the provided financial data, Rit Global Delivery Corporation appears to be a financially stable organization with consistent revenue and asset growth. The absence of reported officer compensation is a significant positive indicator of resource allocation towards its mission. However, without detailed program spending breakdowns, a complete assessment of 'goodness' is limited.
How has Rit Global Delivery Corporation's financial health changed over time?
Rit Global Delivery Corporation has shown consistent financial growth. Revenue has steadily increased from $5,950,502 in 2014 to $8,942,634 in 2023, and assets have grown significantly from $1,931,453 in 2014 to $11,728,186 in 2023, indicating strong financial management and accumulation of resources.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or compensated through an affiliated entity, which would mean a very high proportion of direct revenue is available for program activities and operational expenses rather than executive salaries. This is a strong indicator of efficiency.
Are there any concerns regarding the organization's liabilities?
While liabilities have fluctuated, they have generally increased in line with asset growth. For example, in 2023, liabilities were $6,263,734 against assets of $11,728,186. The asset-to-liability ratio remains healthy, indicating the organization can comfortably cover its obligations.
Filing History
IRS 990 filing history for Rit Global Delivery Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rit Global Delivery Corporation's revenue has grown by 42%, moving from $6.3M to $8.9M. Total assets increased by 290.6% over the same period, from $3.0M to $11.7M. Total functional expenses rose by 33.1%, from $6.3M to $8.4M. In its most recent filing year (2023), Rit Global Delivery Corporation reported a surplus of $580K, with revenue exceeding expenses. The organization holds $6.3M in liabilities against $11.7M in assets (debt-to-asset ratio: 53.4%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $8.4M | $11.7M | $6.3M | — | View 990 |
| 2022 | $9.4M | $8.3M | $11.4M | $6.5M | — | View 990 |
| 2021 | $9.7M | $8.4M | $10.7M | $6.9M | — | — |
| 2020 | $9.5M | $8.3M | $4.2M | $1.7M | — | View 990 |
| 2019 | $9.3M | $8.6M | $3.0M | $1.8M | — | View 990 |
| 2018 | $8.7M | $8.3M | $2.4M | $1.8M | — | View 990 |
| 2017 | $7.3M | $7.7M | $2.8M | $2.5M | — | View 990 |
| 2016 | $6.7M | $3.9M | $2.8M | $2.1M | — | View 990 |
| 2015 | $6.5M | $7.5M | $2.4M | $4.5M | — | View 990 |
| 2014 | $6.0M | $7.0M | $1.9M | $3.0M | — | View 990 |
| 2013 | $5.0M | $6.4M | $3.0M | $3.0M | — | View 990 |
| 2012 | $5.3M | $6.5M | $2.8M | $1.5M | — | View 990 |
| 2011 | $6.3M | $6.3M | $3.0M | $507K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $8.4M, and assets of $11.7M (revenue -4.8% year-over-year).
- 2022: Revenue of $9.4M, expenses of $8.3M, and assets of $11.4M (revenue -3.6% year-over-year).
- 2021: Revenue of $9.7M, expenses of $8.4M, and assets of $10.7M (revenue +2.7% year-over-year).
- 2020: Revenue of $9.5M, expenses of $8.3M, and assets of $4.2M (revenue +2.3% year-over-year).
- 2019: Revenue of $9.3M, expenses of $8.6M, and assets of $3.0M (revenue +7.1% year-over-year).
- 2018: Revenue of $8.7M, expenses of $8.3M, and assets of $2.4M (revenue +19.1% year-over-year).
- 2017: Revenue of $7.3M, expenses of $7.7M, and assets of $2.8M (revenue +9.0% year-over-year).
- 2016: Revenue of $6.7M, expenses of $3.9M, and assets of $2.8M (revenue +2.1% year-over-year).
- 2015: Revenue of $6.5M, expenses of $7.5M, and assets of $2.4M (revenue +9.8% year-over-year).
- 2014: Revenue of $6.0M, expenses of $7.0M, and assets of $1.9M (revenue +18.2% year-over-year).
- 2013: Revenue of $5.0M, expenses of $6.4M, and assets of $3.0M (revenue -4.7% year-over-year).
- 2012: Revenue of $5.3M, expenses of $6.5M, and assets of $2.8M (revenue -16.2% year-over-year).
- 2011: Revenue of $6.3M, expenses of $6.3M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rit Global Delivery Corporation:
Data Sources and Methodology
This transparency report for Rit Global Delivery Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.