Raise Up the Roof Foundation Inc

Analysis

Raise Up the Roof Foundation Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Raise Up the Roof Foundation Inc reported income of $162k and spending of $174k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $227k to $162k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Raise Up the Roof Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Chattanooga Inner City Outreach Inc ($162k), Beautiful Deliverance ($162k) and Maf Foundation ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $53k against liabilities of $200, net assets of $53k.