Rally Foundation Inc

Analysis

Rally Foundation Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in September 2005, 21 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 March 2024, Rally Foundation Inc reported income of $9.5m and spending of $7.8m, spending 82% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $4.3m to $9.5m (+120%), an average of +22% a year. The sharpest change came in the year to March 2022, when income rose by 54%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rally Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Historic Erie Preservation Trust ($9.5m), The Tom Coughlin Jay Fund Foundation Inc ($9.5m) and American Muslim Community Foundation ($9.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $426k (5.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $13.6m against liabilities of $45k, net assets of $13.5m. It reported 20 employees.