Redwood Memorial Foundation

Analysis

Redwood Memorial Foundation is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Redwood Memorial Foundation reported income of $646k and spending of $1.2m, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $646k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 353%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redwood Memorial Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Access Mode Inc ($646k), Minnesota West Foundation ($646k) and New Start DD Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $119k. At year end it held assets of $4.0m against liabilities of -$22k, net assets of $4.1m.