Relentless Foundation International

Analysis

Relentless Foundation International is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Relentless Foundation International reported income of $60k and spending of $58k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $60k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Relentless Foundation International sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Jewish Neighborhood Development Council of Chicago ($60k), Farm and Food Growth Fund Inc ($60k) and Main Street Batesville Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,331 against liabilities of $0, net assets of $5,331.