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The Right Question Institute Inc

RegisteredEIN 04-3099027Cambridge, MACommunity and economic development
Income$1.1m2024-06
Spending$1.6msame year
Spent / received88%6-year average
Size in its cause78th pctCommunity and economic development
Exempt since1991Publicly supported organisat
Employees13latest return

Analysis

The Right Question Institute Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Right Question Institute Inc reported income of $1.1m and spending of $1.6m, spending 148% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $758k to $1.1m (+43%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 136%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Right Question Institute Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include In-2-Market Inc ($1.1m), Center City District Foundation ($1.1m) and Taller Comunidad LA Goyco Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $201k (13% of expenses). Other salaries and wages came to $924k. At year end it held assets of $3.4m against liabilities of $113k, net assets of $3.3m. It reported 13 employees.

Income and spending

$0$807k$1.6m$2.4m$3.2m2019 Income: $758,1832019 Spending: $1,033,22020192020 Income: $1,405,1782020 Spending: $1,279,86820202021 Income: $1,368,2602021 Spending: $1,280,42120212022 Income: $3,228,4232022 Spending: $1,348,41220222023 Income: $1,209,6122023 Spending: $1,442,47120232024 Income: $1,084,5242024 Spending: $1,605,9092024
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Program services 17%
  • Other 7.1%

Similar-sized charities, same cause

CharityLocationIncome
In-2-Market IncPittsburgh$1.1m
Center City District FoundationPhiladelphia$1.1m
Taller Comunidad LA Goyco IncSan Juan$1.1m
Appalachian Forest Heritage Area IncElkins$1.1m