University Rathskeller Inc

Analysis

University Rathskeller Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, University Rathskeller Inc reported income of $1.4m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.3m to $1.4m (+12%), an average of +2.9% a year. The sharpest change came in the year to May 2022, when income rose by 225%. 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, University Rathskeller Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Akron Area Electrical Joint Apprenticeship Training Trust Fund ($1.4m), Faith Christian Academy Inc ($1.4m) and W Wyman King Academy ($1.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 70% of the total. Other salaries and wages came to $547k. At year end it held assets of $1.3m against liabilities of $2,075, net assets of $1.3m. It reported 117 employees.