Ramtech Booster Inc

Analysis

Ramtech Booster Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, Ramtech Booster Inc reported income of $93k and spending of $103k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $93k (-10%), an average of -10% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ramtech Booster Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Pleasant Prairie Historical Society Inc ($93k), Works San Jose ($93k) and Pontiacs Little Art Theatre ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 48% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.