RGR Industries Inc

Analysis

RGR Industries Inc is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, RGR Industries Inc reported income of $5.0m and spending of $4.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $5.0m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, RGR Industries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Rapid City Christian Education Association Inc ($5.0m), Invictus Academy Inc ($5.0m) and MBX Foundation ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $96k (2.1% of expenses). Other salaries and wages came to $493k. At year end it held assets of $164k against liabilities of $670k, net assets of -$507k.