R Street Institute
Analysis
R Street Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 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 2023, R Street Institute reported income of $11.0m and spending of $14.2m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $11.0m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, R Street Institute sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Pinewood Preparatory School ($11.0m), Northern Kentucky Cooperative for E Ducational Services Inc ($11.0m) and Vance Charter School Inc ($11.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $627k (4.4% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $8.1m against liabilities of $2.0m, net assets of $6.2m. It reported 87 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pinewood Preparatory School | Summerville | $11.0m |
| Northern Kentucky Cooperative for E Ducational Services Inc | Cold Spring | $11.0m |
| Vance Charter School Inc | Rutherfordton | $11.0m |
| Sheridan School Inc | Washington | $11.1m |