Red Bird Foundation

Analysis

Red Bird Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2001, 25 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, Red Bird Foundation reported income of $91k and spending of $118k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $91k (-41%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Bird 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 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Greater Detroit Community Outreach Center Inc ($90k), Lompoc Pops Orchestra ($91k) and Excel Chartiable Foundation ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.