Help Razom Inc

Analysis

Help Razom Inc is a registered charity in United States, based in Northlake, IL. It received its IRS tax-exemption ruling in February 2021, 5 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 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, Help Razom Inc reported income of $232k and spending of $244k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $359k to $232k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Help Razom Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Baystate Financial Charitable Foundation Inc ($232k), Oakleaf Endowment Trust Fbo Connecticut College ($232k) and Sunshine Bible Academy Foundation ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. It paid $7,998 in professional fundraising fees. At year end it held assets of $26k against liabilities of $0, net assets of $26k.