King Ridge Foundation Inc

Analysis

King Ridge Foundation Inc is a registered charity in United States, based in Santa Rosa, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, King Ridge Foundation Inc reported income of $127k and spending of $118k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $127k (-5.3%), an average of -5.3% a year. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, King Ridge Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Lutheran Legacy Foundation Inc ($127k), Pipe Fitters Association Local 597 Charities Inc ($127k) and The Butterfly Foundation ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 109% and program service revenue 15% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.