Beatrice F Kroesche Foundation

Analysis

Beatrice F Kroesche Foundation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in June 2002, 24 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, Beatrice F Kroesche Foundation reported income of $65k and spending of $63k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $99k to $65k (-34%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beatrice F Kroesche Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Slipper Club Inc ($65k), Husayn for Humanity ($65k) and Oceanview Resident Assistance Fund Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $851k against liabilities of $0, net assets of $851k.