Radnor Educational Foundation Inc

Analysis

Radnor Educational Foundation Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in February 1995, 31 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 June 2023, Radnor Educational Foundation Inc reported income of $197k and spending of $183k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $168k to $197k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 458%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Radnor Educational Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Charles R Niehaus TR Fbo Salvation Army Fund of Dayton Ohio ($197k), Hindus of Greater Houston Inc ($197k) and Julias Grace Foundation ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $57k. At year end it held assets of $449k against liabilities of $121k, net assets of $328k. It reported 2 employees.