Princess Cruises Community Foundation

Analysis

Princess Cruises Community Foundation is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in February 2009, 17 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 November 2023, Princess Cruises Community Foundation reported income of $120k and spending of $58k, leaving 52% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income fell from $268k to $120k (-55%), an average of -18% a year. The sharpest change came in the year to November 2022, when income rose by 328%. 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, Princess Cruises Community Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Junior League of Lower Columbia ($120k), Rotary Club of Hilton Head Island Charitable Foundation ($120k) and Combat Wounded Veterans of South Mississippi ($120k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.