Rasm Realtors Charitable Foundation Inc

Analysis

Rasm Realtors Charitable Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in June 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, Rasm Realtors Charitable Foundation Inc reported income of $227k and spending of $170k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $227k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rasm Realtors Charitable Foundation Inc 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 FL. Charities of a similar size with the same main cause include United Jewish Federation ($227k), Batavia United Way ($227k) and Ubocharto Bachaim Funds Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.