Ruth Asawa Fund

Analysis

Ruth Asawa Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1995, 31 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 September 2023, Ruth Asawa Fund reported income of $52k and spending of $67k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $23k to $52k (+126%), an average of +23% a year. The sharpest change came in the year to September 2020, when income rose by 150%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ruth Asawa Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Knights of Vartan Charitable Fund ($52k), Joseph B Vandervelden Foundation ($53k) and Super Drews Crew ($52k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $736k against liabilities of $8,933, net assets of $727k.