Rural Philanthropy Institute

Analysis

Rural Philanthropy Institute is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in October 2019, 7 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 December 2023, Rural Philanthropy Institute reported income of $132k and spending of $231k, spending 175% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $366k to $132k (-64%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rural Philanthropy Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within SD. Charities of a similar size with the same main cause include Mid-Columbia Duck Race ($132k), Glenn O Hawbaker Charity Account Inc ($132k) and In the Moment ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $24k, net assets of $106k.