Redbud Foundation

Analysis

Redbud Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Redbud Foundation reported income of $74k and spending of $72k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $74k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redbud Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MO. Charities of a similar size with the same main cause include Friends of the Poor Clares Foundation ($74k), Evergreen Woods Employees Scholarship Fund ($74k) and Easton Choral Arts Society Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.