KRD Foundation

Analysis

KRD Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, KRD Foundation reported income of $66k and spending of $61k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $66k (+0.4%), an average of +0.4% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, KRD Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include Tigard Youth Football ($66k), Norwin Aqua Club ($66k) and SPMS Tiger Cub Booster Club Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.