Ramsey Public Education Foundation Inc

Analysis

Ramsey Public Education Foundation Inc is a registered charity in United States, based in Ramsey, NJ. It received its IRS tax-exemption ruling in April 1996, 30 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, Ramsey Public Education Foundation Inc reported income of $84k and spending of $89k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $114k to $84k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ramsey Public Education Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Lorain-Medina Rural Electric People Fund Inc ($84k), General Federation of Womens Clubs ($84k) and Spartans4life Foundation ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% of the total. At year end it held assets of $1.1m against liabilities of $14k, net assets of $1.1m.