A K Rice Institute

Analysis

A K Rice Institute is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1975, 51 years ago. 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 December 2023, A K Rice Institute reported income of $126k and spending of $116k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $126k (+171%), an average of +171% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A K Rice Institute sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OR. Charities of a similar size with the same main cause include Vision Christian Bible College Inc ($126k), United Faith Ministries Inc ($126k) and Founder Region Fellowship ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 72% of the total. At year end it held assets of $266k against liabilities of $5,630, net assets of $261k.