Rhinelander Area Scholarship Foundation Inc

Analysis

Rhinelander Area Scholarship Foundation Inc is a registered charity in United States, based in Menasha, WI. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Rhinelander Area Scholarship Foundation Inc reported income of $389k and spending of $201k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $389k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 279%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rhinelander Area Scholarship Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Sunshine Alternative Education Center ($389k), Public Education Foundation Inc ($389k) and Indianola Preschool Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $2.2m against liabilities of $74k, net assets of $2.1m.