Public Charity

RAINDROP FOUNDATION INC

RAINDROP FOUNDATION INC is a nonprofit organization categorized as Public Charity based in HOUSTON, TX. Its most recent IRS filing (2024) reports revenue of $4.8M, expenses of $3.9M, total assets of $15.6M. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $11.5M.

EIN: 760664313 HOUSTON, TX Adult Education NTEE: B60 Latest filing: 2024
Total Revenue$4.8M
Total Expenses$3.9M
Total Assets$15.6M
Grant Records25
Funding Total$11.5M
Filing Years2020–2024

Mission

The Raindrop Foundation, Inc (the Foundation) is a non-profit 501(c)(3) educational, charitable, social and cultural organization founded in 2000. The Foundation aims to cultivate friendship and promote understanding of diverse cultures through its unique services to the community.

Where $100 goes at Raindrop Foundation Inc

How Raindrop Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$16 Management running the organization
$3 Fundraising raising the next dollar

Inside the $81 for programs

$81
Achievements encompass a variety of educational and cultural programs, weekend schools, festivals, and charitable services offered through community centers.Key accomplishments and program activities held throughout the year featured…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Alperen Tas
BOARD MEMBER Beyza Akin
CEO David Meral
CHAIRMAN Ishak Karatay
BOARD MEMBER Muhsine Aykac
BOARD MEMBER Mustafa Arslan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,462,042 22 grants
Unspecified
$54,100 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.8M $3.9M $15.6M
2023 $6.1M $3.9M $16.1M
2022 $6.0M $3.7M $13.9M
2021 $3.9M $2.7M $11.8M
2020 $2.1M $2.3M $11.7M

Between 2020 and 2024, reported annual revenue grew from $2.1M to $4.8M (+125%), with total assets most recently reported at $15.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RAINDROP FOUNDATION INC

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