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Research for Better Schools Inc

RegisteredEIN 23-6411869Philadelphia, PAEducation and training
Income$2.5m2023-06
Spending$26.9msame year
Spent / received276%3-year average
Size in its cause84th pctEducation and training
Exempt since1966Publicly supported organisat
Employees0latest return

Analysis

Research for Better Schools Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1966, 60 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 June 2023, Research for Better Schools Inc reported income of $2.5m and spending of $26.9m, spending 1086% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $470k to $2.5m (+427%), an average of +130% a year. The sharpest change came in the year to June 2022, when income rose by 2184%. Over the whole period it spent 276% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Research for Better Schools Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include San Francisco Jewish Comm Publications ($2.5m), Childrens Odyssey ($2.5m) and Redeemer Lutheran School ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $87.2m against liabilities of $101.2m, net assets of -$13.9m.

Income and spending

$0$6.7m$13.4m$20.2m$26.9m2021 Income: $470,0082021 Spending: $545,96520212022 Income: $10,733,3242022 Spending: $10,289,25120222023 Income: $2,476,4072023 Spending: $26,889,2592023
IncomeSpending

Where the income comes from

  • Program services 92%
  • Other 8.1%

Similar-sized charities, same cause

CharityLocationIncome
San Francisco Jewish Comm PublicationsSan Francisco$2.5m
Childrens OdysseyPortland$2.5m
Redeemer Lutheran SchoolVerona$2.5m
FosterusWilmington$2.5m