Reis Bisor Foundation

Analysis

Reis Bisor Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reis Bisor Foundation reported income of $228k and spending of $397k, spending 174% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $4.7m to $228k (-95%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 205%. Over the whole period it spent 22% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reis Bisor Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Northcrest Foundation Inc ($228k), Gouverneur Breast and Ovarian Cancer Fund Inc ($228k) and American Friends of the Father Bash Foundation Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $3.8m against liabilities of $9,658, net assets of $3.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.