Remington Court Foundation

Analysis

Remington Court Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2004, 22 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Remington Court Foundation reported income of $1.7m and spending of $5.4m, spending 314% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.7m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 238%. Over the whole period it spent 172% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Remington Court Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Hospital for Special Care Foundation Inc ($1.7m), Friends of Kentucky Theatre ($1.7m) and S a Yes ($1.7m).

At year end it held assets of $34.9m against liabilities of $0, net assets of $34.9m.