Redf

Analysis

Redf is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2004, 22 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 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, Redf reported income of $28.0m and spending of $24.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.6m to $28.0m (+141%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 602%. 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, Redf sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Grand Rapids Community Foundation ($27.9m), United Way of the Midlands ($28.1m) and Roswell Park Alliance Foundation ($27.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.3m (5.3% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $46.7m against liabilities of $4.2m, net assets of $42.5m. It reported 92 employees.