Rayle Emc Foundation Inc
Analysis
Rayle Emc Foundation Inc is a registered charity in United States, based in Washington, GA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rayle Emc Foundation Inc reported income of $105k and spending of $96k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $206k to $105k (-49%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 66% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rayle Emc Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Ministry to Ministry Foundation ($105k), Orangevale Rotary Charitable Fund ($105k) and Friends of Ryan Duce Morrissey Scholarship Fund Inc ($105k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ministry to Ministry Foundation | Muskegon | $105k |
| Orangevale Rotary Charitable Fund | Orangevale | $105k |
| Friends of Ryan Duce Morrissey Scholarship Fund Inc | Charlestown | $105k |
| Washington Association for Korean Schools | Germantown | $105k |