Rhinelander Health Foundation Inc

Analysis

Rhinelander Health Foundation Inc is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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 2022, Rhinelander Health Foundation Inc reported income of $53k and spending of $40k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income fell from $144k to $53k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhinelander Health Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Waikiki Yacht Club Education Foundation ($53k), Six Twelve Inc ($53k) and PTA California Congress of Parents Teachers & Students Inc ($53k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 143% of the total. At year end it held assets of $1.8m against liabilities of $24, net assets of $1.8m.