RTL Foundation
Analysis
RTL Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, RTL Foundation reported income of $338k and spending of $257k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $338k (+320%), an average of +320% a year. The sharpest change came in the year to December 2023, when income rose by 320%. Over the whole period it spent 67% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, RTL Foundation sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include California Arts University ($338k), Help US Grow Foundation Inc ($338k) and Live Your Dream ($338k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (48% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| California Arts University | Costa Mesa | $338k |
| Help US Grow Foundation Inc | Louisville | $338k |
| Live Your Dream | Lehi | $338k |
| Abc Cares Foundation Inc | Coconut Creek | $338k |