Rutherford Education Foundation

Analysis

Rutherford Education Foundation is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in February 2003, 23 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 December 2023, Rutherford Education Foundation reported income of $86k and spending of $115k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $86k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 130% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rutherford Education Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Shri Kanya Gurukul Foundation Inc ($86k), Parent Booster USA Inc ($86k) and Northfield Nursery School Association ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.