Dale Ruritan Foundation Inc

Analysis

Dale Ruritan Foundation Inc is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in September 1969, 57 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, Dale Ruritan Foundation Inc reported income of $59k and spending of $49k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $59k (-9.3%), an average of -9.3% a year. 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, Dale Ruritan Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include St Lucie County Chamber of Commerce Foundation Inc ($59k), Libre Infancia Inc ($59k) and Rotary Foundation of Green Bay Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.