Foundation for Rural Service

Analysis

Foundation for Rural Service is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Rural Service reported income of $910k and spending of $1.1m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $999k to $910k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Rural Service sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Bnai Simcha Jewish Community Preschool ($910k), Folds of Honor Foundation ($910k) and Tender Feet Childcare Inc ($910k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $218k (20% of expenses). Other salaries and wages came to $117k. At year end it held assets of $5.0m against liabilities of $648k, net assets of $4.4m. It reported 4 employees.