Ryan T Lee Memorial Foundation Inc

Analysis

Ryan T Lee Memorial Foundation Inc is a registered charity in United States, based in Berlin, CT. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ryan T Lee Memorial Foundation Inc reported income of $121k and spending of $117k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $121k (+4.2%), an average of +4.2% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ryan T Lee Memorial Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include South Hero Library Foundation ($121k), Greater Fremont Development Foundation ($121k) and Takeoff Institute Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 27% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.