Richmond Friends School Inc

Analysis

Richmond Friends School Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Richmond Friends School Inc reported income of $728k and spending of $846k, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $717k to $728k (+1.5%), an average of +0.4% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richmond Friends School Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Tiyya Foundation Inc ($728k), Renewal Foundation Inc ($729k) and Coastal Middle and High School Inc ($728k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $95k (11% of expenses). Other salaries and wages came to $394k. At year end it held assets of $535k against liabilities of $56k, net assets of $479k. It reported 38 employees.