Rona Barrett Foundation

Analysis

Rona Barrett Foundation is a registered charity in United States, based in Santa Ynez, CA. It received its IRS tax-exemption ruling in March 2001, 25 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, Rona Barrett Foundation reported income of $428k and spending of $695k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $428k (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 146% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rona Barrett Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Sarala Bathena Foundation ($428k), Ananta Giving Foundation ($428k) and Foundation for Packaging Education ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $109k (16% of expenses). Other salaries and wages came to $211k. At year end it held assets of $2.4m against liabilities of -$353, net assets of $2.4m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.