Racelookup Foundation Inc

Analysis

Racelookup Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Racelookup Foundation Inc reported income of $171k and spending of $142k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $207k to $171k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Racelookup Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include I-5 Freedom Network ($171k), Genesis Alliance ($171k) and Operation North Pole Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $2,013, net assets of $28k.