Rhino Foods Foundation Inc

Analysis

Rhino Foods Foundation Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rhino Foods Foundation Inc reported income of $187k and spending of $119k, leaving 36% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $113k to $187k (+65%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 115%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rhino Foods Foundation Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 43rd percentile within VT. Charities of a similar size with the same main cause include United Way of Dodge County ($187k), United Way of Coles County Inc ($187k) and 100 Women Charitable Foundation Inc ($187k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $3,161, net assets of $132k.