Inland Empire Community Foundation
Analysis
Inland Empire Community Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in June 1997, 29 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, Inland Empire Community Foundation reported income of $41.1m and spending of $34.3m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.8m to $41.1m (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 84% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Inland Empire Community Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Provision Ministry Inc ($41.0m), Tipping Point Community ($41.3m) and The Jewish Federation of Greater Washington Inc ($41.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $782k (2.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $136.9m against liabilities of $24.1m, net assets of $112.7m. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Provision Ministry Inc | Westborough | $41.0m |
| Tipping Point Community | San Francisco | $41.3m |
| The Jewish Federation of Greater Washington Inc | North Bethesda | $41.0m |
| Rose Community Foundation | Denver | $42.2m |