Redwood Foundation Inc

Analysis

Redwood Foundation Inc is a registered charity in United States, based in Ft Mitchell, KY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Redwood Foundation Inc reported income of $88k and spending of $186k, spending 212% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $51k to $88k (+72%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 563%. Over the whole period it spent 129% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redwood Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Joe Henderson Elementary School Parent Teacher Group ($88k), Untamed Science Inc ($88k) and Lake Mills Scholarship Foundation ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $2.9m against liabilities of $53k, net assets of $2.9m.