Rwanda Education Assistance Project Inc

Analysis

Rwanda Education Assistance Project Inc is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, Rwanda Education Assistance Project Inc reported income of $140k and spending of $153k, spending 109% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income grew from $130k to $140k (+7.2%), an average of +7.2% a year. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rwanda Education Assistance Project Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Elevate Ethiopia Inc ($140k), Air University Foundation ($140k) and Ace International ($140k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $2,189, net assets of $182k.