Concrete Rose Community Foundation

Analysis

Concrete Rose Community Foundation is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Concrete Rose Community Foundation reported income of $465k and spending of $461k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $776k to $465k (-40%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concrete Rose Community Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Project 4031 Inc ($465k), Attica Fair Association ($465k) and Lander Care and Share Food Bank ($465k).

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 $83k (18% of expenses). Other salaries and wages came to $98k. At year end it held assets of $472k against liabilities of $0, net assets of $472k.