R&r Partners Foundation Inc

Analysis

R&r Partners Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, R&r Partners Foundation Inc reported income of $106k and spending of $106k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $112k to $106k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 122% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, R&r Partners Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within NV. Charities of a similar size with the same main cause include Aberdeen Main Street Inc ($106k), WTS Arkansas ($107k) and Jubilee Project Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $13k, net assets of $6,599.