R & S Foundation Inc

Analysis

R & S Foundation Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in May 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 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, R & S Foundation Inc reported income of $132k and spending of $85k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $648k to $132k (-80%), an average of -55% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, R & S Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OR. Charities of a similar size with the same main cause include Civic Council Foundation ($132k), City of Wichita Employees Friendship Fund ($132k) and Fighting for Families Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $534k against liabilities of $2,802, net assets of $531k.