Rappahannock Westminster Canterbury Foundation

Analysis

Rappahannock Westminster Canterbury Foundation is a registered charity in United States, based in Irvington, VA. It received its IRS tax-exemption ruling in March 1986, 40 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 March 2023, Rappahannock Westminster Canterbury Foundation reported income of $1.2m and spending of $474k, leaving 59% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.3m to $1.2m (-13%), an average of -3.3% a year. The sharpest change came in the year to March 2020, when income rose by 64%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rappahannock Westminster Canterbury Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Brooklyn College Student Services Corporation ($1.2m), Congo Initiative USA Inc ($1.2m) and Friends of Zo Artzeinu Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $9.7m against liabilities of $22k, net assets of $9.7m.