Rally for Reid Foundation

Analysis

Rally for Reid Foundation is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Rally for Reid Foundation reported income of $256k and spending of $261k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $221k to $256k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rally for Reid Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Transform a Nation Inc ($256k), The Miriam Inc ($256k) and New Perspectives Center for Counseling ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.