Changing Lives-The Rabbi Ronnie Greenwald Scholarship Fund

Analysis

Changing Lives-The Rabbi Ronnie Greenwald Scholarship Fund is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in November 2022, 4 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, Changing Lives-The Rabbi Ronnie Greenwald Scholarship Fund reported income of $136k and spending of $73k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $105k to $136k (+30%), an average of +14% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Changing Lives-The Rabbi Ronnie Greenwald Scholarship Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Atlanta St Patricks Day Foundation Inc ($136k), H4c Inc ($136k) and Nehemiah Charitable Fund ($136k).

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 $0, net assets of $118k.