The Ryan Licht Sang Bipolar Foundation Inc

Analysis

The Ryan Licht Sang Bipolar Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, The Ryan Licht Sang Bipolar Foundation Inc reported income of $347k and spending of $359k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $251k to $347k (+38%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Ryan Licht Sang Bipolar Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Allston Brighton JMS Corporation ($347k), Churchill Community Hospital Auxiliary ($347k) and Healthy Alliances Matter for All ($347k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 117% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $91k (25% of expenses). At year end it held assets of $412k against liabilities of $47k, net assets of $365k. It reported 1 employees.