Randolph Foundation

Analysis

Randolph Foundation is a registered charity in United States, based in Gorham, NH. It received its IRS tax-exemption ruling in December 1963, 63 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Randolph Foundation reported income of $110k and spending of $58k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $83k to $110k (+33%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Randolph Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within NH. Charities of a similar size with the same main cause include Tippecanoe County Public Library Foundation Inc ($110k), SSDD Productions Inc ($110k) and Independence Charitable Trust ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $948k against liabilities of $0, net assets of $948k.