Orange County Community Foundation

Analysis

Orange County Community Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in November 1994, 32 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, Orange County Community Foundation reported income of $166.6m and spending of $110.9m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $90.6m to $166.6m (+84%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Orange County Community Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include The Verity Charitable Fund Inc ($162.8m), Jewish Federation of Metropolitan Chicago ($169.1m) and Boston Foundation Inc ($161.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.1m (1.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $567.7m against liabilities of $27.9m, net assets of $539.8m. It reported 41 employees.