Father Ragan Charitable Foundation

Analysis

Father Ragan Charitable Foundation is a registered charity in United States, based in Avon, OH. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Father Ragan Charitable Foundation reported income of $134k and spending of $96k, leaving 28% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $142k to $134k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to October 2023, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Father Ragan Charitable Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Labor and Employee Relations Association ($134k), Opening Opportunities ($134k) and Southwest Renaissance Development Corporation ($134k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $490k against liabilities of $20k, net assets of $470k.