Ralph & Carolyn Thompson Charitable Foundation

Analysis

Ralph & Carolyn Thompson Charitable Foundation is a registered charity in United States, based in Shell Beach, CA. It received its IRS tax-exemption ruling in July 1995, 31 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 December 2022, Ralph & Carolyn Thompson Charitable Foundation reported income of $19.3m and spending of $3.4m, leaving 82% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $250k to $19.3m (+7604%), an average of +326% a year. The sharpest change came in the year to December 2022, when income rose by 2082%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ralph & Carolyn Thompson Charitable Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Florida Gulf Coast University Financing Corporation ($19.2m), Harry-Anna Investment Fund Inc ($19.3m) and Northern New York Community Foundation Inc ($19.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $16.7m against liabilities of $0, net assets of $16.7m.