Rsa Foundation

Analysis

Rsa Foundation is a registered charity in United States, based in Center Line, MI. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rsa Foundation reported income of $3.2m and spending of $3.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $858k to $3.2m (+268%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rsa Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include The Solutions Center Inc ($3.2m), Gathering Tree ($3.2m) and Oberlin Community Services Council ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 90% of the total. Other salaries and wages came to $832k. At year end it held assets of $2.1m against liabilities of $932k, net assets of $1.2m. It reported 89 employees.