Robert Irvine Foundation Inc

Analysis

Robert Irvine Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Robert Irvine Foundation Inc reported income of $3.9m and spending of $3.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $575k to $3.9m (+577%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Robert Irvine Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Community Action PRG Commttee Meigs & Gallia Counties Incorporat ($3.9m), Womens Shelter of East Texas Inc ($3.9m) and Pathway Family Services Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $253k. At year end it held assets of $1.9m against liabilities of $281k, net assets of $1.7m. It reported 3 employees.