Crater Foundation

Analysis

Crater Foundation is a registered charity in United States, based in Central Point, OR. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2024, Crater Foundation reported income of $674k and spending of $445k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $395k to $674k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crater Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Library Board of the Borough of Oakmont ($674k), Oaks Foundation ($674k) and Jewish Family Service of Nashville and Middle Tenn Inc ($674k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.