Rayl Charitable Organization

Analysis

Rayl Charitable Organization is a registered charity in United States, based in Green, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rayl Charitable Organization reported income of $60k and spending of $34k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $60k (+14%), an average of +14% a year. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rayl Charitable Organization sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Bellingham Makerspace ($60k), Unisal ($60k) and Delta Rotary Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.