Ping & Li Foundation is a 501(c)(3) organization based in Sacramento, California, registered in 2022, with $339,735 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$340K
▲ 51.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$54K
Net assets
$1.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ping & Li Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ping & Li Foundation: 233 mo reserves · +84% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ping & Li Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ping & Li Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $405K (FY2021) to $340K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
84.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$6,509
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $339,735▲51.1% | $53,784▲8.1% | $1,044,317▲27.2% | $1,050,826▲26.8% | 990PF |
| 2023 | $224,767▲10.4% | $49,771▲37.8% | $821,006▲44.3% | $828,479▲41.0% | 990PF |
| 2022 | $203,571▼49.8% | $36,123▲59.1% | $568,827▲47.9% | $587,435▲51.9% | 990PF |
| 2021 | $405,480 | $22,708 | $384,683 | $386,783 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Ping & Li Foundation (EIN 87-3107907) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.