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Robin Hood Foundation

EIN 13-3441066 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood89 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O.

Income
$180.5 million
Spending
$163.0 million
Spent on programs
88%
Reserves
8 months of spending
Largest source of income
donations and private grants, 100%
Employees
128
Volunteers
14
Highest pay
$1.0 million, ceo / non-voting director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 89 out of 100. Higher than 29% of charities in its peer group (philanthropy, over $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.0 months of spending.

  • Debt

    16 of 20

    It owes 30% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 10% of income.

  • Income trend

    15 of 15

    Income rose 34% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 6 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 39% of charities in its peer group (philanthropy, over $100m).

  • Independent board

    25 of 25

    42 of 42 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $141.9 million spent. SEE DESCRIPTION OF GRANT MAKING IN SCHEDULE O.GRANT MAKING: IN 2024, ROBIN HOOD APPROVED $128.2 MILLION IN GRANTS AND PROGRAM RELATED INVESTMENTS TO COMMUNITY PARTNERS ACROSS ALL FIVE BOROUGHS.ROBIN HOOD MADE GRANTS TO ORGANIZATIONS THROUGH FOUR LIFE-STAGE AREAS: EARLY CHILDHOOD; SCHOOL-AGE CHILDREN; YOUNG ADULTS; AND ADULTS AND HOUSEHOLD SUPPORTS. THESE GRANTS SUPPORT HIGH-QUALITY EDUCATION, CAREER ADVANCEMENT, HEALTH AND MENTAL HEALTH, FINANCIAL STABILITY, AND AFFORDABLE HOUSING. ADDITIONALLY, ROBIN HOOD'S SPECIAL INITIATIVES LIKE THE ROBIN HOOD LEARNING + TECHNOLOGY FUND, THE AI POVERTY CHALLENGE, THE POWER FUND, MOBILITY LABS, THE CHILD CARE QUALITY INNOVATION INITIATIVE, AND FUEL (FUND FOR EARLY LEARNING) ADDRESSED CLEARLY DEFINED CHALLENGES IN A TIME LIMITED MANNER THROUGH THE LENS OF COMMUNITY VOICE AND THE LIVED EXPERIENCES OF POVERTY. THE BLUE RIDGE LABS INITIATIVE MADE GRANTS OR INVESTMENTS TO SCALE INNOVATIONS THAT WORK TO SOLVE THE MOST PRESSING SOCIAL CHALLENGES THAT LEVERAGE TECHNOLOGY. ROBIN HOOD'S CAPITAL GRANT INITIATIVE COLLABORATED CLOSELY WITH OUR COMMUNITY PARTNERS TO HELP THESE ORGANIZATIONS MANAGE THEIR SPACE NEEDS. A HIGHLIGHT OF THE INTITATIVE'S WORK IN 2024 INCLUDED THE OPENING OF NEW STORIES, A LARGE-SCALE PUBLIC-PRIVATE PARTNERSHIP THAT CREATED 174 DEEPLY AFFORDABLE APARTMENTS, A NEWLY RENOVATED NEW YORK PUBLIC LIBRARY BRANCH, AND OTHER COMMUNITY SPACES AND SERVICES UNDER ONE ROOF IN THE NEWLY MINTED JOSPEH AND SHEILA ROSENBLATT BUILDING IN MANHATTAN'S INWOOD COMMUNITY.ROBIN HOOD'S GRANTMAKING STAFF EVALUATED PROGRAMS APPLYING FOR FUNDS TO DETERMINE GRANT RECOMMENDATIONS AND DEVELOP INITIATIVES IN RESPONSE TO UNMET NEEDS. THESE ASSESSMENTS INCLUDED VISITS TO THE ORGANIZATION, INTERVIEWS WITH PROGRAM ADMINISTRATORS, STAFF AND PARTICIPANTS, EVALUATION OF HISTORICAL RESULTS, AND FINANCIAL REVIEW.
  2. $1.5 million spent. SEE DESCRIPTION OF MANAGEMENT ACCELERATION IN SCHEDULE O.IN 2024, ROBIN HOOD'S MANAGEMENT ACCELERATION TEAM FACILITATED THE DELIVERY OF $6.4 MILLION IN PRO BONO SERVICES AND MADE $1.3 MILLION IN GRANTS TO COMMUNITY PARTNERS.ROBIN HOOD'S MANAGEMENT ACCELERATION TEAM COLLABORATES WITH OUR GRANTEE PARTNERS ON KEY DECISIONS AND HELPS THEM BUILD THEIR NETWORKS, DEVELOP SKILLS, FUND CAPACITY-BUILDING PROJECTS, AND SCALE EFFECTIVE, SUSTAINABLE PROGRAMS. OUR SUPPORT IS OFFERED THROUGH STRATEGIC CONSULTING AND GRANTMAKING.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1989.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.