Garden Grove Community Foundation Inc

Analysis

Garden Grove Community Foundation Inc is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in July 1998, 28 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, Garden Grove Community Foundation Inc reported income of $215k and spending of $96k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $215k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Garden Grove Community Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Rotary Florida Pets Inc ($215k), Rostov Media Foundation ($215k) and United Way of Washington County Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 1.6% of the total. At year end it held assets of $964k against liabilities of $136k, net assets of $828k.