Rhinelander Community Foundation Inc

Analysis

Rhinelander Community Foundation Inc is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rhinelander Community Foundation Inc reported income of $318k and spending of $139k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $318k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rhinelander Community 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 63rd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Startup Hutch Inc ($318k), Attleboro Area School to Career Partnership Inc ($318k) and Downtown Camas Association ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $995k against liabilities of $25k, net assets of $970k.