Nonprofit screen
Screen a listThe Reason Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$23Mrevenue
FY2025 · +50% in 3 yrs113staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin3.7%
Months of reserve1.2mo
Revenue growth (annualized)+7.6%
Middle half of peersMedianReason
Where the money goes FY2025 · $22M spent
Programs$19M88%Management and general$759k3%Fundraising$1.9M9%990 FY2025 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
19 of 21 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort178funders
$10Ma year, last 3 years
18%from its largest funder
Funder’17’18’19’20’21’22’23Laura and John Arnold FoundationStopped after FY2022$1.5M$1.5M$850k–The Searle Freedom TrustSince FY2020$912k$850k$808k$655kCharles Koch InstituteStopped after FY2022$65k$60k$32k$1.3M$1.4M$8k–Sarah Scaife Foundation IncorporatedStopped after FY2022$500k$700k$700k–Claws FoundationOn and off$125k$375k$500kWalton Family Foundation IncStopped after FY2022$250k$350k$350k–Donor-advised giftsDonors not disclosed$217k$193k$348k$932k$2.2M$2.3M$8.9M133 other fundersUp to $1.6M a year each$1.1M$1.4M$1.9M$2.1M$2.2M$2.2M$4.2M
FundedThrough a donor-advised fundStopped