Local Routes Foundation

Analysis

Local Routes Foundation is a registered charity in United States, based in Murphys, CA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Local Routes Foundation reported income of $132k and spending of $138k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $262k to $132k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Local Routes Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Coral Springs Festival of the Arts Inc ($132k), White Pool House Friends ($132k) and Saginaw Eddy Concert Band ($132k).

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 $7,424 against liabilities of $0, net assets of $7,424.