Ryan Seacrest Foundation Inc

Analysis

Ryan Seacrest Foundation Inc is a registered charity in United States, based in Pacific PLSDS, CA. It received its IRS tax-exemption ruling in February 2010, 16 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 December 2023, Ryan Seacrest Foundation Inc reported income of $2.3m and spending of $2.8m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.3m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 63%. 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, Ryan Seacrest Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Legacy a Regional Community Foundation ($2.3m), Indigenous Medicine Conservation Fund ($2.3m) and Build a Miracle ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $367k (13% of expenses). Other salaries and wages came to $332k. At year end it held assets of $2.2m against liabilities of $53k, net assets of $2.1m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.