Roger H Strait Memorial Foundation Inc

Analysis

Roger H Strait Memorial Foundation Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Roger H Strait Memorial Foundation Inc reported income of $311k and spending of $382k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $402k to $311k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Roger H Strait Memorial Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include D M 50 C 3 ($311k), Tim and Jeannie Hamann Foundation ($311k) and Social Venture Partners San Antonio ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $7,283, net assets of $32k.