Ryan Nece Foundation Inc

Analysis

Ryan Nece Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ryan Nece Foundation Inc reported income of $254k and spending of $232k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $254k (+119%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ryan Nece Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include 4-H Clubs of Adams County Inc ($253k), Dream Center Inc ($254k) and Fore the Kids ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $108k (46% of expenses). At year end it held assets of $278k against liabilities of $3,661, net assets of $274k. It reported 2 employees.