Fox Riverside Theater Foundation

Analysis

Fox Riverside Theater Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in September 2009, 17 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 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 June 2023, Fox Riverside Theater Foundation reported income of $87k and spending of $127k, spending 146% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $74k to $87k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 139% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fox Riverside Theater Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Gervonni Cares Inc ($87k), Santas Cause ($87k) and Iowa Rabbit Festival Inc ($87k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $322k against liabilities of $3,067, net assets of $319k.