Pipkin Charitable Foundation

Analysis

Pipkin Charitable Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2002, 24 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 June 2023, Pipkin Charitable Foundation reported income of $366k and spending of $2.3m, spending 625% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.8m to $366k (-90%), an average of -44% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pipkin Charitable Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($366k), United Way of Corinth and Alcorn County ($367k) and Caravan to Class ($366k).

At year end it held assets of $53.0m against liabilities of $0, net assets of $53.0m.