Rosamond Gifford Charitable Corporation
Rosamond Gifford Charitable Corporation consistently spends more than it earns, relying on its substantial $19M+ asset base.
EIN: 150572881 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $18.4M |
| Transparency Score | 85/100 |
Is Rosamond Gifford Charitable Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rosamond Gifford Charitable Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rosamond Gifford Charitable Corporation
Rosamond Gifford Charitable Corporation (EIN: 150572881) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $3.0M and total assets of $19.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rosamond Gifford Charitable Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rosamond Gifford Charitable Corporation is a mid-size nonprofit that has been operating for 70 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-551,220 |
| Total Assets | $18.7M |
| Total Liabilities | $301K |
| Net Assets | $18.4M |
| Operating Margin | -37.5% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 111.1 months |
Financial Health Grade: B
In 2023, Rosamond Gifford Charitable Corporation reported a deficit of $551K with expenses exceeding revenue, holds 111.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Rosamond Gifford Charitable Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +19.1% | +6.2% |
| 2022 | -41.0% | +21.3% | -20.1% |
| 2021 | +22.1% | +10.8% | +8.6% |
| 2020 | +18.3% | -7.8% | -0.5% |
| 2019 | +81.1% | -14.8% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
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 Rosamond Gifford Charitable 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, Rosamond Gifford Charitable 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 deficit of $551K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is a positive sign for resource allocation.
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 Rosamond Gifford Charitable Corporation's IRS 990 filings:
- Consistent expenses exceeding revenue, indicating reliance on asset drawdowns.
- Lack of detailed NTEE code makes it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Rosamond Gifford Charitable Corporation:
- Strong and stable asset base ($19,478,240 latest assets).
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long history of IRS 990 filings (10 filings), demonstrating transparency.
- Likely high program spending given its nature as a grant-making entity with minimal fundraising.
Frequently Asked Questions about Rosamond Gifford Charitable Corporation
Is Rosamond Gifford Charitable Corporation a legitimate charity?
Rosamond Gifford Charitable Corporation (EIN: 150572881) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Rosamond Gifford Charitable Corporation spend its money?
Rosamond Gifford Charitable Corporation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rosamond Gifford Charitable Corporation tax-deductible?
Rosamond Gifford Charitable Corporation is registered as a tax-exempt nonprofit (EIN: 150572881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rosamond Gifford Charitable Corporation located?
Rosamond Gifford Charitable Corporation is headquartered in Syracuse, New York and files with the IRS under EIN 150572881.
How many years of IRS 990 filings does Rosamond Gifford Charitable Corporation have?
Rosamond Gifford Charitable Corporation has 10 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 $3.0M in total revenue.
How does Rosamond Gifford Charitable Corporation cover its consistent revenue shortfalls?
The organization likely covers its consistent revenue shortfalls by drawing from its substantial asset base, which has remained robust at around $18-22 million over the past decade, typical for an endowed charitable corporation.
What is the primary purpose of Rosamond Gifford Charitable Corporation given its financial structure?
Based on its financial structure, consistent expenses, and substantial assets, the organization appears to function primarily as a grant-making foundation, distributing funds from its endowment rather than actively fundraising for operational revenue.
Does the 0% officer compensation mean no one is paid for leadership roles?
The 0% officer compensation reported suggests that either the officers are unpaid volunteers, or their compensation is categorized differently within the IRS 990, such as under general salaries and wages, rather than specifically as officer compensation.
Filing History
IRS 990 filing history for Rosamond Gifford Charitable Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rosamond Gifford Charitable Corporation's revenue has grown by 34.4%, moving from $1.1M to $1.5M. Total assets decreased by 1.4% over the same period, from $19.0M to $18.7M. Total functional expenses rose by 19.4%, from $1.7M to $2.0M. In its most recent filing year (2023), Rosamond Gifford Charitable Corporation reported a deficit of $551K, with expenses exceeding revenue. The organization holds $301K in liabilities against $18.7M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $18.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $2.0M | $18.7M | $301K | — | View 990 |
| 2022 | $1.3M | $1.7M | $17.6M | $353K | — | View 990 |
| 2021 | $2.3M | $1.4M | $22.0M | $271K | — | View 990 |
| 2020 | $1.8M | $1.3M | $20.3M | $283K | — | View 990 |
| 2019 | $1.6M | $1.4M | $20.4M | $244K | — | View 990 |
| 2015 | $862K | $1.6M | $18.7M | $248K | — | View 990 |
| 2014 | $4.4M | $1.8M | $21.1M | $256K | — | View 990 |
| 2013 | $1.3M | $1.8M | $22.2M | $401K | — | View 990 |
| 2012 | $2.2M | $1.7M | $20.2M | $290K | — | View 990 |
| 2011 | $1.1M | $1.7M | $19.0M | $225K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $2.0M, and assets of $18.7M (revenue +10.3% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.7M, and assets of $17.6M (revenue -41.0% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.4M, and assets of $22.0M (revenue +22.1% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.3M, and assets of $20.3M (revenue +18.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $20.4M (revenue +81.1% year-over-year).
- 2015: Revenue of $862K, expenses of $1.6M, and assets of $18.7M (revenue -80.3% year-over-year).
- 2014: Revenue of $4.4M, expenses of $1.8M, and assets of $21.1M (revenue +244.3% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.8M, and assets of $22.2M (revenue -41.8% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.7M, and assets of $20.2M (revenue +99.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.7M, and assets of $19.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rosamond Gifford Charitable Corporation:
Data Sources and Methodology
This transparency report for Rosamond Gifford Charitable 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.