California Foundation for Stronger Communities

Analysis

California Foundation for Stronger Communities is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Foundation for Stronger Communities reported income of $4.7m and spending of $4.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $4.7m (+111%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, California Foundation for Stronger Communities sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Driscoll Childrens Hospital Development Foundation Inc ($4.7m), Community Foundation of the Upper Peninsula ($4.7m) and Vision Charitable Trust ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $16k, net assets of $10k.