Roosevelt Alumi Foundation

Analysis

Roosevelt Alumi Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in December 1996, 30 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, Roosevelt Alumi Foundation reported income of $68k and spending of $76k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $68k (+0.5%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Roosevelt Alumi Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within HI. Charities of a similar size with the same main cause include Phoebe Connections Inc ($68k), Mount Calvary Lutheran Church Foundation ($68k) and Salter Family Charitable Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 32% of the total. At year end it held assets of $256k against liabilities of $4,664, net assets of $252k.