Cushman Albert Rice TR

Analysis

Cushman Albert Rice TR is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cushman Albert Rice TR reported income of $170k and spending of $116k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $170k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 860%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cushman Albert Rice TR sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Glenolden Fire Company No 1 ($170k), Spring-Ford Area School District Educational Foundation ($170k) and I Padrini Di Antonellos ($170k).

Compensation of current officers, directors and key employees was $45k (39% of expenses). At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.