Rit Global Delivery Corporation

Analysis

Rit Global Delivery Corporation is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rit Global Delivery Corporation reported income of $8.9m and spending of $8.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.3m to $8.9m (-3.6%), an average of -0.9% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rit Global Delivery Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Village Preparatory School III ($8.9m), Student Achievement Partners Inc ($8.9m) and California Creative Learning Academy ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $11.7m against liabilities of $6.3m, net assets of $5.5m. It reported 42 employees.