Ramapough Culture and Land Foundation Inc

Analysis

Ramapough Culture and Land Foundation Inc is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ramapough Culture and Land Foundation Inc reported income of $640k and spending of $634k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $346k to $640k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ramapough Culture and Land Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Noia Foundation ($640k), Permian Basin Mission Center ($640k) and Project Renewal of Davenport Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (5.5% of expenses). Other salaries and wages came to $48k. At year end it held assets of $257k against liabilities of $0, net assets of $257k. It reported 4 employees.