The Rna Society

Analysis

The Rna Society is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, The Rna Society reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.7m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Rna Society sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Poughkeepsie-Highland Railroad Bridge Co Inc ($1.7m), New Century Chamber Orchestra ($1.7m) and The Jeff Cooper Legacy Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. It paid $5,129 in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $194k, net assets of $3.5m.