Let Em Run Foundation

Analysis

Let Em Run Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2000, 26 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 (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, Let Em Run Foundation reported income of $51k and spending of $32k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $51k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Let Em Run Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NV. Charities of a similar size with the same main cause include Fast Lane Foundation ($51k), Phillips Tee-Off for Tots Foundation ($51k) and Luzerne County Bar Association Charitable Foundation Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.