Red Crane Foundation
Red Crane Foundation maintains strong asset growth with fluctuating revenue and no reported officer compensation.
EIN: 133632753 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.1M |
| Total Expenses | $3.7M |
| Program Spending | 70% |
| Net Assets | $60.4M |
| Transparency Score | 75/100 |
Is Red Crane Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Red Crane Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Red Crane Foundation
Red Crane Foundation (EIN: 133632753) is a nonprofit organization based in New York, NY. The organization reported total revenue of $31.1M and total assets of $65.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Crane Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Red Crane Foundation is a large nonprofit that has been operating for 34 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $60.4M |
| Total Liabilities | $1 |
| Net Assets | $60.4M |
| Operating Margin | 36.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 195.7 months |
Financial Health Grade: A
In 2023, Red Crane Foundation reported a surplus of $2.2M with revenue exceeding expenses, holds 195.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Red Crane Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.5% | +70.2% | +1.7% |
| 2022 | -85.5% | -86.6% | +4.9% |
| 2021 | +424.0% | +291.5% | +13.0% |
| 2020 | +121.6% | +13.8% | -2.2% |
| 2020 | -64.2% | +17.0% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Red Crane Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Red Crane Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Red Crane Foundation consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is categorized differently and not reflected in this specific field, which enhances transparency regarding direct officer pay but may obscure overall leadership costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Red Crane Foundation's IRS 990 filings:
- Significant revenue volatility year-over-year, which could impact long-term planning.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting efficiency analysis.
Strengths
The following positive indicators were identified for Red Crane Foundation:
- Consistent asset growth over more than a decade, from $33M in 2012 to $60M in 2023.
- Extremely low reported liabilities ($1 in recent years), indicating strong financial solvency.
- Expenses consistently lower than revenue in most periods, leading to positive net assets.
- 0% reported officer compensation across all filings, suggesting efficient executive cost management or volunteer leadership.
Frequently Asked Questions about Red Crane Foundation
Is Red Crane Foundation a legitimate charity?
Red Crane Foundation (EIN: 133632753) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $31.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Red Crane Foundation spend its money?
Red Crane Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Red Crane Foundation tax-deductible?
Red Crane Foundation is registered as a tax-exempt nonprofit (EIN: 133632753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Red Crane Foundation's spending goes to programs?
Red Crane Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Red Crane Foundation located?
Red Crane Foundation is headquartered in New York, New York and files with the IRS under EIN 133632753.
How many years of IRS 990 filings does Red Crane Foundation have?
Red Crane Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $31.1M in total revenue.
Is Red Crane Foundation a good charity?
Based on the available financial data, Red Crane Foundation appears to be a financially healthy organization with consistent asset growth and low liabilities. However, without detailed breakdowns of program, administrative, and fundraising expenses, a full assessment of its programmatic efficiency and impact is challenging. The 0% officer compensation is a positive indicator of lean executive costs.
How has Red Crane Foundation's revenue trended over time?
Red Crane Foundation's revenue has shown significant fluctuations, ranging from a low of $2,967,833 in 2020 to a high of $34,466,458 in 2021. The latest reported revenue for 2023 was $5,853,669, indicating variability in its funding streams.
What is the Red Crane Foundation's asset growth like?
The Red Crane Foundation has demonstrated strong and consistent asset growth, increasing from $33,157,222 in 2012 to $60,406,497 in 2023, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Red Crane Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Red Crane Foundation's revenue has grown by 39.2%, moving from $4.2M to $5.9M. Total assets increased by 82.2% over the same period, from $33.2M to $60.4M. Total functional expenses fell by 11.9%, from $4.2M to $3.7M. In its most recent filing year (2023), Red Crane Foundation reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $60.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $60.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $3.7M | $60.4M | $1 | — | View 990 |
| 2022 | $5.0M | $2.2M | $59.4M | $1 | — | View 990 |
| 2021 | $34.5M | $16.2M | $56.6M | $1 | — | View 990 |
| 2020 | $6.6M | $4.1M | $50.1M | $0 | — | View 990 |
| 2020 | $3.0M | $3.6M | $51.2M | $1 | — | View 990 |
| 2015 | $8.3M | $3.1M | $46.1M | $0 | — | View 990 |
| 2014 | $6.8M | $5.6M | $44.1M | $0 | — | View 990 |
| 2013 | $17.3M | $6.1M | $43.0M | $0 | — | View 990 |
| 2012 | $4.2M | $4.2M | $33.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $3.7M, and assets of $60.4M (revenue +17.5% year-over-year).
- 2022: Revenue of $5.0M, expenses of $2.2M, and assets of $59.4M (revenue -85.5% year-over-year).
- 2021: Revenue of $34.5M, expenses of $16.2M, and assets of $56.6M (revenue +424.0% year-over-year).
- 2020: Revenue of $6.6M, expenses of $4.1M, and assets of $50.1M (revenue +121.6% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.6M, and assets of $51.2M (revenue -64.2% year-over-year).
- 2015: Revenue of $8.3M, expenses of $3.1M, and assets of $46.1M (revenue +22.6% year-over-year).
- 2014: Revenue of $6.8M, expenses of $5.6M, and assets of $44.1M (revenue -60.8% year-over-year).
- 2013: Revenue of $17.3M, expenses of $6.1M, and assets of $43.0M (revenue +310.6% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.2M, and assets of $33.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Red Crane Foundation:
Data Sources and Methodology
This transparency report for Red Crane Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.