San Joaquin Community Foundation Inc

Analysis

San Joaquin Community Foundation Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in March 2008, 18 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, San Joaquin Community Foundation Inc reported income of $13.2m and spending of $7.8m, leaving 41% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.5m to $13.2m (+425%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, San Joaquin Community Foundation Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Council on Foundations Inc ($13.2m), The Helen Diller Family Foundation ($13.2m) and Community Foundation of Greater Muscatine ($13.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $195k (2.5% of expenses). Other salaries and wages came to $519k. At year end it held assets of $41.9m against liabilities of $14.6m, net assets of $27.3m. It reported 8 employees.