The West Marin Fund
Analysis
The West Marin Fund is a registered charity in United States, based in Point Reyes Station, CA. It received its IRS tax-exemption ruling in February 2011, 15 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 June 2023, The West Marin Fund reported income of $2.6m and spending of $1.9m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 75% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The West Marin Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Goodie Two Shoes Foundation ($2.6m), Los Altos Educational Foundation ($2.6m) and LS Classic Foundation ($2.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $142k (7.6% of expenses). Other salaries and wages came to $275k. At year end it held assets of $4.9m against liabilities of $105k, net assets of $4.8m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Goodie Two Shoes Foundation | Las Vegas | $2.6m |
| Los Altos Educational Foundation | Los Altos | $2.6m |
| LS Classic Foundation | Austin | $2.6m |
| American Communities Trust Inc | Baltimore | $2.6m |