Rick Pankow Foundation

Analysis

Rick Pankow Foundation is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in June 2002, 24 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, Rick Pankow Foundation reported income of $69k and spending of $90k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $69k (+13%), an average of +13% a year. Over the whole period it spent 136% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rick Pankow Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Greystone Foundation Inc ($69k), Southern York County School District Band Boosters ($69k) and Casa Shalom Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 146% of the total. At year end it held assets of $85k against liabilities of $823, net assets of $84k.