Redf Impact Investing Fund

Analysis

Redf Impact Investing Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2020, 6 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 (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, Redf Impact Investing Fund reported income of $1.6m and spending of $657k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 562%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Redf Impact Investing Fund sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Bozeman Fiber ($1.6m), Foundation for Homan Square ($1.6m) and Miami Valley Research Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $11.1m against liabilities of $8.3m, net assets of $2.7m.