Radford Heritage Foundation

Analysis

Radford Heritage Foundation is a registered charity in United States, based in Radford, VA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Radford Heritage Foundation reported income of $58k and spending of $58k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $58k (-12%), an average of -12% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Radford Heritage Foundation sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Mounted Patrol of San Mateo County Foundation ($58k), Fabulous Women of Sonoma County ($58k) and Women Men and Youth of Purpose International ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.