Philanthropy & Grantmaking (T22) IRS Verified DX Registered 990 on File

RED STRING FOUNDATION

EIN: 84-4020796 · SEAL BEACH, CA 90740-1415 · United States · FY 2024 Data

4 out of 5 63 / 100 Based on 2+ years of filings

Financial strength (30%) 61/100

Reliability (20%) 45/100

Effectiveness (25%) 72/100

Impact (25%) 70/100

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

We believe that every life deserves to be happy and meaningful. Red String provides grants to local, high impact, proven 501c3 public charities working with under-served youth to improve educational and life outcomes, assisting low-income families reach self-sufficiency, and caring for home-bound elderly persons. Red String funds projects across three priorities: Youth Education and Development, Community Services, and Elderly Care.

Financial Overview — FY 2024

$268K

Total Revenue

$55K

Total Expenses

N/A

Net Assets

Employees

Revenue Sources

Program Expense Ratio N/A

Fundraising Efficiency 7.6%

Operating Reserve N/A

Liability-to-Asset 0.0%

Revenue Diversification N/A

Executive Compensation $0

Compared with Peers

FY 2023

Compared with 34,329 similar organizations (United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.9%	42.3%	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Surplus margin Surplus as a share of revenue	89.8%	-0.6%	P10P90

Impact

3 programs

Outcome / Program	People Served	Cost / Service	# Completed	Duration
Education grants to support disadvantaged youth to succeed in academics and life.	80	$400.00	—	Per Year
Supporting low-income families toward self sufficiency	150	$100.00	—	Per Year
Supporting homebound elderly to remain active, healthy, and secure.	100	$120.00	—	Per Year

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$268K	$55K	N/A	—	3
2023	$376K	$38K	N/A	—	3
2022	N/A	N/A	N/A	—	—
2021	N/A	N/A	N/A	—	—

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Organization Details

EIN: 84-4020796
State: CA
City: SEAL BEACH
ZIP: 90740-1415
Classification: T22
Category: Philanthropy & Grantmaking
Rating: 4★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2020
Foundation Code: 4
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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