Rita Tranberg Foundation Inc

Analysis

Rita Tranberg Foundation Inc is a registered charity in United States, based in Blair, WI. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rita Tranberg Foundation Inc reported income of $110k and spending of $106k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $110k (+12%), an average of +12% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rita Tranberg Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Walnut Community Center Foundation Inc ($110k), Community Asian Theatre of the Sierra ($110k) and Celia and Harry Bullen Foundation ($110k).

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 $68k against liabilities of $0, net assets of $68k.