Rising Sun-Ohio County Public School Endowment Corporation

Analysis

Rising Sun-Ohio County Public School Endowment Corporation is a registered charity in United States, based in Rising Sun, IN. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rising Sun-Ohio County Public School Endowment Corporation reported income of $117k and spending of $111k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $117k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rising Sun-Ohio County Public School Endowment Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Hendersonville Soccer Foundation Inc ($117k), Waconia Band Boosters Inc ($117k) and Tennessee Lineworker Lifeline Fund ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.