Abingdon Ruritan Charitable Associates Inc

Analysis

Abingdon Ruritan Charitable Associates Inc is a registered charity in United States, based in Bena, VA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Abingdon Ruritan Charitable Associates Inc reported income of $69k and spending of $70k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $76k to $69k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to June 2023, when income rose by 214%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abingdon Ruritan Charitable Associates Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Conner Middle School Parent Teacher Student Organization ($69k), Angie Debo Elementary School PTO Inc ($69k) and North Branch Area Education Foundation ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.