Richmond Community Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Richmond Community Foundation mobilizes the power of connection to build healthy,thriving communities.
- Income
- $9.1 million
- Spending
- $10.0 million
- Spent on programs
- 84%
- Reserves
- 0 months of spending
- Largest source of income
- government grants, 43%
- Employees
- 32
- Volunteers
- 17
- Highest pay
- $179,234, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 6% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
5 of 20It owes 64% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
15 of 15Income rose 48% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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 (3)
- $8.4 million spent. SparkPoint Contra Costa served 1,034 clients through its four offices in Contra Costa County. The program continues to exceed its metrics for helping clients increase income, increase savings, and reduce debt. Seventy-four percent of clients made a 30% or greater improvement in their debt, income, savings, and/or credit within three months. SPCC also has offices at the Contra Costa College Center and Diablo Valley College.
- Equip Richmond: A multiyear economic revitalization strategy that increases and sustains community economic viability through services that improve economic self-sufficiency and help small businesses create and sustain jobs. The goals of the project are to build the capacity of Richmond and North Richmond community organizations to deliver economic benefits to their communities, as well as to build individual capacity and improve conditions for current residents. Currently, five projects are part of the Equip Richmond initiative. These include a cooperative business hub (COBIZ), a Comprehensive Employment Training Center (CET), a social enterprise for a local nonprofit (Pogo Park Products), a construction resource center, and finally, barrier removal services for clients enrolled in the other projects to help them achieve success.
- Ensuring Opportunity: A collaborative effort to end poverty in Contra Costa by focusing on policy change and movement building. Its current priorities include policies and movement building for racial equity, housing stability, and budget justice.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 October 7, 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.