The R a M Organization

Analysis

The R a M Organization is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The R a M Organization reported income of $492k and spending of $457k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $731k to $492k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 2681%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The R a M Organization sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include International Union of Operating Engineers Local 95 Training Fund ($492k), Our School ($492k) and Smart Start of Pender County ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $208k. At year end it held assets of $230k against liabilities of $12k, net assets of $218k.