RSM US Foundation

Analysis

RSM US Foundation is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in February 2015, 11 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, RSM US Foundation reported income of $8.0m and spending of $7.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $8.0m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, RSM US Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include TGP Public Schools ($8.0m), Holy Cross Head Start Inc ($8.0m) and Upright Wellness Center Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $16.2m against liabilities of $844k, net assets of $15.3m.