Runnin for Rhett

Analysis

Runnin for Rhett is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in June 2008, 18 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, Runnin for Rhett reported income of $987k and spending of $986k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $456k to $987k (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Runnin for Rhett sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Ateliers Eunice So ($987k), Secular Student Alliance ($987k) and Independence House ($987k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $88k (8.9% of expenses). Other salaries and wages came to $187k. At year end it held assets of $607k against liabilities of $98k, net assets of $509k. It reported 5 employees.