The Cheryl Rabine Foundation

Analysis

The Cheryl Rabine Foundation is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in July 2009, 17 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 2022, The Cheryl Rabine Foundation reported income of $384k and spending of $63k, leaving 83% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $40k to $384k (+854%), an average of +112% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Cheryl Rabine Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Wildflower Foundation ($384k), Arts for the Schools ($384k) and Perkins Athletic Booster Club Inc ($384k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.