Rural Technology Fund

Analysis

Rural Technology Fund is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in May 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, Rural Technology Fund reported income of $231k and spending of $176k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $264k to $231k (-12%), an average of -6.4% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rural Technology Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Schelastic Academy ($231k), Coleman Alexander Prosser Foundation Inc ($231k) and Legacy Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $327k against liabilities of $657, net assets of $326k. It reported 1 employees.