SD Foundation

Analysis

SD Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, SD Foundation reported income of $6.9m and spending of $7.4m, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $5.4m to $6.9m (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, SD Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Community Foundation of West Texas ($6.9m), Granite Charitable ($6.9m) and Tahoe Truckee Community Foundation ($6.9m).

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 $898k (12% of expenses). Other salaries and wages came to $2.8m. It paid $66k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $475k, net assets of $1.1m.