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Robin Hood Foundation
Robin Hood Foundation reported $180.5 million in revenue and $163.0 million in expenses for calendar year 2024. Of every $100 it spent, $87.98 went to program services, $4.93 to management and general costs and $7.09 to fundraising. Its largest source of revenue was contributions and grants: 101.4% of the total. The highest compensation it reported for one person was $1,041,339 (CEO / NON-VOTING DIRECTOR). 80 people received more than $100,000 in reportable compensation. Revenue rose 18% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $163MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $180MOther revenue was negative: −$16M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.0% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.9% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.1% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 101.4% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $1,041,339 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.64% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 80 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 17.3 | 56.6 |
| Independent voting board members Part VI 1a–1b | 42 of 42 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseSee 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…
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO / NON-VOTING DIRECTOR Director/trustee, officer, 60.00 hrs/week | $972,402 | $0 | $68,937 | $1,041,339 |
| CHIEF KNOWLEDGE OFFICER Key employee, 60.00 hrs/week | $460,628 | $0 | $37,937 | $498,565 |
| CHIEF DEVELOPMENT OFFICER Key employee, 60.00 hrs/week | $429,510 | $0 | $49,601 | $479,111 |
| CHIEF IMPACT & PROGRAM OFFICER Key employee, 60.00 hrs/week | $398,883 | $0 | $59,768 | $458,651 |
| MD, REAL ESTATE Highest compensated employee, 60.00 hrs/week | $384,338 | $0 | $28,821 | $413,159 |
| GENERAL COUNSEL/ASST. SECR Officer, 60.00 hrs/week | $364,773 | $0 | $45,460 | $410,233 |
| CHIEF FINANCIAL & OP. OFFICER Officer, 60.00 hrs/week | $368,516 | $0 | $15,642 | $384,158 |
| CHIEF PEOPLE & CULTURE OFFICER Highest compensated employee, 60.00 hrs/week | $346,774 | $0 | $37,057 | $383,831 |
80 people received more than $100,000 in reportable compensation from Robin Hood Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b42 · 42 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5128
- Volunteers Part I, line 614
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| NIMBLIST LLC Event production | $1,176,746 |
| 4WALL ENTERTAINMENT INC Design consultant | $921,340 |
| RESTAURANT ASSOCIATES CORPORATION Design consultant | $658,560 |
Individuals listed as contractors are left out. 40 contractors were paid more than $100,000 in all.
Private foundation grants it received
149 private foundations reported grants to Robin Hood Foundation totaling $39M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Robin Hood Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Robin Hood Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Robin Hood Foundation spent in 2024, $87.98 went to programs. The full breakdown, from its IRS Form 990:
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All philanthropy, voluntarism & grantmaking charities · Largest charities in New York
Questions people ask
How much of Robin Hood Foundation's spending goes to programs?
In calendar year 2024, Robin Hood Foundation reported that 88.0% of its $163.0 million in expenses went to program services, 4.9% to management and general and 7.1% to fundraising (Form 990, Part IX).
How much does Robin Hood Foundation pay its top executive?
The largest total compensation Robin Hood Foundation reported for one person in calendar year 2024 was $1,041,339, for the role of CEO / NON-VOTING DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Robin Hood Foundation get its money?
Of $180.5 million in revenue in calendar year 2024, 101.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Robin Hood Foundation a registered charity?
The IRS lists EIN 13-3441066 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503149349303805 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349302550 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313189349315386 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233189349316143 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143169349306684 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023179349301012 · read the filing
All filings for EIN 13-3441066: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.