Recreation Vehicle Technical Institute Inc

Analysis

Recreation Vehicle Technical Institute Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Recreation Vehicle Technical Institute Inc reported income of $3.1m and spending of $2.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $3.1m (-58%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Recreation Vehicle Technical Institute Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Colorado Springs Sports Corporation ($3.1m), Four Winds Inc ($3.1m) and Usvi Soccer Federation Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $451k (16% of expenses). Other salaries and wages came to $752k. At year end it held assets of $4.0m against liabilities of $617k, net assets of $3.4m.