Filipino Community of Sacramento and Vicinity

Analysis

Filipino Community of Sacramento and Vicinity is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Filipino Community of Sacramento and Vicinity reported income of $305k and spending of $196k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $59k to $305k (+420%), an average of +420% a year. The sharpest change came in the year to December 2022, when income rose by 420%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Filipino Community of Sacramento and Vicinity sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Caring & Sharing of Walton County Inc ($305k), American Friends of Rinat Aharon Inc ($305k) and Goods for Good ($305k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $218k against liabilities of $108k, net assets of $109k.