Ronen Foundation of America

Analysis

Ronen Foundation of America is a registered charity in United States, based in Calabasas, CA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ronen Foundation of America reported income of $72k and spending of $62k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $72k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ronen Foundation of America sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Downtown Sherman Preservation and Revitalization Inc ($72k), Lake Union Civic Orchestra ($72k) and Cross Community Players Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.