Len Ragozin Foundation Inc

Analysis

Len Ragozin Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Len Ragozin Foundation Inc reported income of $316k and spending of $115k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $596k to $316k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Len Ragozin Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include LA Paz Community Inc ($316k), Elders Action Network Inc ($316k) and Connecticut Recreation and Parks Association Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.4m against liabilities of $8,649, net assets of $1.4m. It reported 2 employees.