Rezvan Foundation for Excellence

Analysis

Rezvan Foundation for Excellence is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in February 2016, 10 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, Rezvan Foundation for Excellence reported income of $196k and spending of $211k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $241k to $196k (-19%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rezvan Foundation for Excellence sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Vermont Ski Museum Inc ($196k), Elbert County Sheriffs Office Foundation ($197k) and Chesed Rachamim Inc ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $90, net assets of $118k.