Fob Rasor

Analysis

Fob Rasor is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Fob Rasor reported income of $94k and spending of $89k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $94k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fob Rasor sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include The Plant High School Academic Foundation Inc ($94k), Jazz Society of Pensacola Inc ($94k) and Blazer 88 Foundation Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $56k against liabilities of $180, net assets of $56k.