Ralph Ellison Foundation

Analysis

Ralph Ellison Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, 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 2022, Ralph Ellison Foundation reported income of $99k and spending of $68k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $87k to $99k (+14%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ralph Ellison Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within OK. Charities of a similar size with the same main cause include Cape Cod Chamber Orchestra Inc ($99k), Exchange Arts ($99k) and Mexican Folkloric Dance Company of Chicago Inc ($99k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.