Ramona Food and Clothes Closet Inc

Analysis

Ramona Food and Clothes Closet Inc is a registered charity in United States, based in Ramona, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ramona Food and Clothes Closet Inc reported income of $870k and spending of $851k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $680k to $870k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ramona Food and Clothes Closet Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Reimagine Atl ($870k), Crossroads Community Food Network Inc ($870k) and Gig Cares ($870k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Other salaries and wages came to $559k. At year end it held assets of $959k against liabilities of $8,195, net assets of $951k. It reported 18 employees.