Orange County Shared Spaces Foundation

Analysis

Orange County Shared Spaces Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Orange County Shared Spaces Foundation reported income of $788k and spending of $673k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $612k to $788k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Orange County Shared Spaces Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Sheet Metal Workers Local 63-Educational Fund ($788k), Loop Lab Inc ($789k) and Sunnyside District Management Association ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. At year end it held assets of $3.1m against liabilities of $2.4m, net assets of $708k.