Rheinischer Verein Inc

Analysis

Rheinischer Verein Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Rheinischer Verein Inc reported income of $53k and spending of $50k, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $50k to $53k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to March 2023, when income rose by 272%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rheinischer Verein Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Amboseli Childrens Fund Inc ($53k), Hope Grows Haiti Inc ($53k) and Window of Hope ($53k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 10% and program service revenue 139% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.