Brother Rice High School Foundation Inc

Analysis

Brother Rice High School Foundation Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2023, Brother Rice High School Foundation Inc reported income of $292k and spending of $115k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $82k to $292k (+255%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 192%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brother Rice High School Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include United States Coast Guard Academy Sponsored Programs and Research in ($292k), Friends of Infinity Acres Ranch ($292k) and Spudnik Press Cooperative ($292k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.