Red Robin Foundation

Analysis

Red Robin Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Red Robin Foundation reported income of $733k and spending of $786k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $824k to $733k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Robin Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Share Collaborative Inc ($733k), Texas Wine School Foundation ($733k) and The Investors Academy Inc ($732k).

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 $272k against liabilities of $0, net assets of $272k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.