The Rebuild Foundation NFP

Analysis

The Rebuild Foundation NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Rebuild Foundation NFP reported income of $2.4m and spending of $3.8m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.4m (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 386%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Rebuild Foundation NFP sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include San Francisco Performances Inc ($2.4m), Primary Stages Company Inc ($2.4m) and Icicle Fund ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.3% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $14.3m against liabilities of $2.7m, net assets of $11.7m. It reported 46 employees.