The Ryr-1 Foundation

Analysis

The Ryr-1 Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Ryr-1 Foundation reported income of $600k and spending of $354k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $744k to $600k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Ryr-1 Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include American Academy of Sports Physical Therapy Inc ($600k), Richland Ems Inc ($601k) and Ole Health NMTC ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $102k. At year end it held assets of $2.4m against liabilities of $5,114, net assets of $2.4m. It reported 5 employees.