Rural Education Action Project

Analysis

Rural Education Action Project is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in August 1990, 36 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, Rural Education Action Project reported income of $439k and spending of $299k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $439k (+66%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rural Education Action Project sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include Iowa Asian Alliance Foundation ($439k), E3 Educate-Empower-Elevate ($439k) and Philadelphia Flyers Alumni Association Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). Other salaries and wages came to $133k. At year end it held assets of $359k against liabilities of $4,325, net assets of $354k. It reported 5 employees.