Razi Health Foundation Inc

Analysis

Razi Health Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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, Razi Health Foundation Inc reported income of $246k and spending of $1.9m, spending 782% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $383k to $246k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income rose by 324%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Razi Health Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Good Shepherd Reformed Church ($246k), Parkville Senior Center Inc ($246k) and Giles County Christian Service Mission Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $6,580, net assets of $80k.