Regional Training Institute Inc

Analysis

Regional Training Institute Inc is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Regional Training Institute Inc reported income of $489k and spending of $372k, leaving 24% of income unspent that year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regional Training Institute Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Wings Over America Scholarship Foundation ($489k), Kokernot Trust ($489k) and Macomber Center Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $64k (17% of expenses). Other salaries and wages came to $33k. At year end it held assets of $118k against liabilities of $305, net assets of $118k. It reported 4 employees.