Rugby School

Analysis

Rugby School is a registered charity in United States, based in Wall, NJ. It received its IRS tax-exemption ruling in November 1984, 42 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 June 2023, Rugby School reported income of $6.9m and spending of $6.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.9m to $6.9m (-0.7%), an average of -0.2% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rugby School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Monroe Community College Foundation Inc ($6.9m), Habitat for Humanity International Inc ($6.9m) and Stewartville Nursing Home Inc ($6.9m).

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. Compensation of current officers, directors and key employees was $498k (7.3% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $3.9m against liabilities of $2.5m, net assets of $1.5m. It reported 68 employees.