Reston Study Center Inc

Analysis

Reston Study Center Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Reston Study Center Inc reported income of $502k and spending of $701k, spending 140% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $426k to $502k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 138% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reston Study Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Forcharlotte Inc ($502k), Congregational Foundation Inc ($502k) and Lifepoints Corp ($502k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.