Rwyc Foundation

Analysis

Rwyc Foundation is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rwyc Foundation reported income of $112k and spending of $37k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $112k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 144% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rwyc Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Matteas Joy ($112k), Granville Kiwanis Foundation ($112k) and Donald J Beck Trust ($112k).

At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.