Ram Veterans Foundation Inc

Analysis

Ram Veterans Foundation Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in April 2022, 4 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, Ram Veterans Foundation Inc reported income of $445k and spending of $362k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $311k to $445k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ram Veterans Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Merlins Magic Wand Foundation ($445k), Sertoma Centers My Life Foundation Inc ($445k) and Greene County United Way Inc ($445k).

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 $542k against liabilities of $148k, net assets of $394k.