Tim Griffith Memorial Foundationinc

Analysis

Tim Griffith Memorial Foundationinc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tim Griffith Memorial Foundationinc reported income of $173k and spending of $157k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $173k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tim Griffith Memorial Foundationinc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Anderson Valley Senior Citizens Center Inc ($173k), American Beiyinu Alumnae Foundation ($173k) and Meadowlark Hearth Living Environment Foundation ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 4.3% of the total. Other salaries and wages came to $18k. At year end it held assets of $505k against liabilities of $1,582, net assets of $503k. It reported 1 employees.