Bishop Reverdy C & Emma S Ransom Foundation Inc

Analysis

Bishop Reverdy C & Emma S Ransom Foundation Inc is a registered charity in United States, based in Wilberforce, OH. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bishop Reverdy C & Emma S Ransom Foundation Inc reported income of $755k and spending of $52k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $624k to $755k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 5.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bishop Reverdy C & Emma S Ransom Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Faith Center for the Arts a NJ Nonprofit Corporation ($755k), Music Is Extraordinary Inc ($755k) and Friends of Puerto Rico ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.