RFSW Endowment Inc

Analysis

RFSW Endowment Inc is a registered charity in United States, based in Dallas, TX. 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 December 2023, RFSW Endowment Inc reported income of $2.1m and spending of $436k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $11.5m to $2.1m (-81%), an average of -57% a year. The sharpest change came in the year to December 2023, when income rose by 318%. Over the whole period it spent 9.2% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, RFSW Endowment Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Ripley County Community Foundation Inc ($2.1m), Angels Unaware ($2.1m) and Matan B Sayser of Cleveland Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $11.7m against liabilities of $0, net assets of $11.7m.