Rupani Foundation

Analysis

Rupani Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2008, 18 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 2022, Rupani Foundation reported income of $2.8m and spending of $1.3m, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $605k to $2.8m (+364%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rupani Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Seacrest Foundation ($2.8m), United Way of Will County ($2.8m) and United Way of Spokane County ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $436k. It paid $147k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $148k, net assets of $2.5m. It reported 7 employees.