Raymond Central Educational Foundation

Analysis

Raymond Central Educational Foundation is a registered charity in United States, based in Raymond, NE. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Raymond Central Educational Foundation reported income of $73k and spending of $89k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $73k (-3.7%), an average of -3.7% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Raymond Central Educational Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Versailles Nutrition Site Inc ($73k), The United Way of Franklin County Association ($73k) and Northgate High School Instrumental Boosters ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.