Sarah Ralston Foundation

Analysis

Sarah Ralston Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1934, 92 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Sarah Ralston Foundation reported income of $44.7m and spending of $2.8m, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $44.7m (+2385%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 3280%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sarah Ralston Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Venture Community Services Inc ($44.7m), Faith Healthcare Inc ($44.7m) and Mountaineer Food Bank Inc ($44.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $234k (8.3% of expenses). Other salaries and wages came to $109k. At year end it held assets of $58.1m against liabilities of $137k, net assets of $58.0m. It reported 4 employees.