Ricks Institute Alumni Association USA Inc

Analysis

Ricks Institute Alumni Association USA Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2023, 3 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, Ricks Institute Alumni Association USA Inc reported income of $158k and spending of $142k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $158k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ricks Institute Alumni Association USA Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 26th percentile within DC. Charities of a similar size with the same main cause include The Boulder Sudbury School ($158k), Laren Montessori School ($158k) and Troy Music Booster Inc ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 41% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.