Concern Foundation

Analysis

Concern Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1969, 57 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 December 2023, Concern Foundation reported income of $1.7m and spending of $2.2m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $1.7m (-58%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Concern Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Foundation 36 Inc ($1.7m), La-Tech Org ($1.7m) and Atlanta Technical College Foundation Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. Compensation of current officers, directors and key employees was $294k (13% of expenses). Other salaries and wages came to $190k. At year end it held assets of $10.0m against liabilities of $1.9m, net assets of $8.1m. It reported 6 employees.