Rush Corporation

Analysis

Rush Corporation is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 1966, 60 years ago. 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, Rush Corporation reported income of $156k and spending of $60k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $156k (+412%), an average of +412% a year. The sharpest change came in the year to December 2023, when income rose by 412%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rush Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Wilshire Rotary Club Foundation ($156k), Habitat for Humanity International Inc ($156k) and PTA New York Congress ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 11% of the total. At year end it held assets of $582k against liabilities of $0, net assets of $582k.