RSF Social Finance Inc

Analysis

RSF Social Finance Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1942, 84 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 December 2023, RSF Social Finance Inc reported income of $51.9m and spending of $48.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.8m to $51.9m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, RSF Social Finance Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include American Conservatory Theatre Foundation ($51.9m), Saint Louis Symphony Orchestra ($52.2m) and Hugo W Moser Research Institute at Kennedy Krieger Inc ($51.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $719k (1.5% of expenses). Other salaries and wages came to $463k. At year end it held assets of $129.5m against liabilities of $42.0m, net assets of $87.5m. It reported 27 employees.