Ryan Wells Foundation Inc

Analysis

Ryan Wells Foundation Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ryan Wells Foundation Inc reported income of $241k and spending of $128k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $427k to $241k (-44%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 476%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ryan Wells Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Academy31 Inc ($241k), Career Gear Houston ($241k) and West Forsyth Band Boosters Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.