Startup Runway Foundation

Analysis

Startup Runway Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Startup Runway Foundation reported income of $283k and spending of $283k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $291k to $283k (-2.9%), an average of -2.9% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Startup Runway Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Thirteenth Street Neighborhood Advisory Committee ($283k), Batavia Main Street ($283k) and Wilfandel Club ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (25% of expenses). At year end it held assets of $126k against liabilities of $4,248, net assets of $121k. It reported 1 employees.