Reynolds Memorial Foundation Inc

Analysis

Reynolds Memorial Foundation Inc is a registered charity in United States, based in Glen Dale, WV. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Reynolds Memorial Foundation Inc reported income of $272k and spending of $1.8m, spending 669% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $272k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reynolds Memorial Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WV. Charities of a similar size with the same main cause include Sickle Cell Foundation of Arizona Inc ($272k), Ddx3x Foundation ($272k) and Assoc for Education & Rehbltatn of the Blind & Visually Impaired ($272k).

At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.