Red Rosebud Foundation

Analysis

Red Rosebud Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2016, 10 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 Rosebud Foundation reported income of $80k and spending of $109k, spending 136% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $200k to $80k (-60%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 16190%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Red Rosebud Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Saltshakers International Inc ($80k), Unique World Gifts Inc ($80k) and City of Manassas Public Education Foundation Inc ($80k).

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 $7,186 against liabilities of $0, net assets of $7,186.

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.