Redondo Beach Police Foundation

Analysis

Redondo Beach Police Foundation is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2023, Redondo Beach Police Foundation reported income of $107k and spending of $89k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $131k to $107k (-18%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 90% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Redondo Beach Police Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Oak Valley Volunteer Fire Co 1 ($107k), Olney Volunteer Fire Department ($107k) and Johnstown Volunteer Fire Dept ($107k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.