Kopperud Foundation

Analysis

Kopperud Foundation is a registered charity in United States, based in Grafton, ND. It received its IRS tax-exemption ruling in July 1968, 58 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kopperud Foundation reported income of $89k and spending of $82k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $89k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kopperud Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 25th percentile within ND. Charities of a similar size with the same main cause include Good Neighbor Fund of Spirit Aerosystems Tulsa ($89k), Friends of Indian Evangelical Mission Inc ($89k) and United Way of Delta County ($89k).

At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.