Ratna Global Foundation Inc

Analysis

Ratna Global Foundation Inc is a registered charity in United States, based in East Windsor, NJ. It received its IRS tax-exemption ruling in August 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 (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, Ratna Global Foundation Inc reported income of $169k and spending of $142k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $415k to $169k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ratna Global Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Prime Solidarity Fund ($169k), De Marchena-Huyke Foundation ($169k) and Safety Components First Responder 911 Foundation ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $1,493 in professional fundraising fees. At year end it held assets of $55k against liabilities of $0, net assets of $55k.