Post Road Foundation

Analysis

Post Road Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Post Road Foundation reported income of $5.2m and spending of $724k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $5.2m (+4580%), an average of +162% a year. The sharpest change came in the year to December 2022, when income rose by 1512%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Post Road Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Pasadena Conservatory of Music ($5.2m), Clemente Soto Velez Cultural & Education Center Inc ($5.2m) and Newark Performing Arts Corporation ($5.2m).

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 $207k (29% of expenses). Other salaries and wages came to $76k. At year end it held assets of $5.2m against liabilities of $1.1m, net assets of $4.1m. It reported 5 employees.