Ramona Town Hall Inc

Analysis

Ramona Town Hall Inc is a registered charity in United States, based in Ramona, CA. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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, Ramona Town Hall Inc reported income of $441k and spending of $35k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $441k (+2974%), an average of +2974% a year. The sharpest change came in the year to December 2023, when income rose by 2974%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ramona Town Hall 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 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Franklin County Historical Society- Kittochtinny ($441k), BV United Soccer Club ($441k) and Valley Dream Center Inc ($441k).

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 $851k against liabilities of $23k, net assets of $828k.