Krimson Community Foundation

Analysis

Krimson Community Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Krimson Community Foundation reported income of $209k and spending of $191k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $209k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Krimson Community Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Golden Bear Foundation ($208k), Farmstead Preschool Inc ($209k) and Municipal Forum Youth Education Fund ($208k).

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 $179k against liabilities of $0, net assets of $179k.