John Volken Foundation

Analysis

John Volken Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in January 2001, 25 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 supporting organisation under section 501(c)(3).

In the financial year ending December 2023, John Volken Foundation reported income of $4.1m and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $4.1m (+111%), an average of +20% a year. The sharpest change came in the year to December 2022, when income dropped by 474%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John Volken Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include The Kansas City Royals Foundation ($4.1m), Worldwide Initiatives for Grantmaker Support Inc ($4.1m) and Saddleback Memorial Foundation ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $38.3m against liabilities of $9.3m, net assets of $29.0m.