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Rauch Inc

RegisteredEIN 35-1011521New Albany, INPoverty relief
Income$10.8m2023-06
Spending$11.3msame year
Spent / received102%5-year average
Size in its cause95th pctPoverty relief
Exempt since1974School
Employees238latest return

Analysis

Rauch Inc is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rauch Inc reported income of $10.8m and spending of $11.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $10.8m (+0.4%), an average of +0.1% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rauch Inc sits at the 95th 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 96th percentile within IN. Charities of a similar size with the same main cause include Child and Family Charities ($10.8m), Peppermint Ridge ($10.8m) and Hospice of Lake Cumberland Inc ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 77% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $8.6m against liabilities of $1.9m, net assets of $6.7m. It reported 238 employees.

Income and spending

$0$2.8m$5.7m$8.5m$11.3m2019 Income: $10,724,8452019 Spending: $10,663,61720192020 Income: $10,326,7142020 Spending: $10,990,14820202021 Income: $11,200,1832021 Spending: $10,657,81020212022 Income: $9,644,4582022 Spending: $10,218,91420222023 Income: $10,772,0092023 Spending: $11,343,1072023
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 77%
  • Other 12%

Similar-sized charities, same cause

CharityLocationIncome
Child and Family CharitiesLansing$10.8m
Peppermint RidgeCorona$10.8m
Hospice of Lake Cumberland IncSomerset$10.8m
Erie Neighborhood HouseChicago$10.8m