Ravens Roost Foundation for Families Inc

Analysis

Ravens Roost Foundation for Families Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in November 2003, 23 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 December 2023, Ravens Roost Foundation for Families Inc reported income of $136k and spending of $28k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $136k (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ravens Roost Foundation for Families Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Kingdom Work in Southern Africa Inc ($136k), Bureau County United Way Inc ($136k) and Rockton Lions Club Charities ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $508k against liabilities of $7,435, net assets of $501k.