RB Foundation Inc

Analysis

RB Foundation Inc is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in January 2012, 14 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 June 2023, RB Foundation Inc reported income of $112k and spending of $222k, spending 199% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $166 to $112k (+67124%), an average of +776% a year. The sharpest change came in the year to June 2021, when income rose by 153034%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, RB Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Mason City Downtown Association ($112k), Trojan Youth Lacorsse Inc ($112k) and Florida Ethics Institute Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% of the total. At year end it held assets of $94k against liabilities of $49k, net assets of $45k.