Sierra Madre Community Foundation

Analysis

Sierra Madre Community Foundation is a registered charity in United States, based in Sierra Madre, CA. It received its IRS tax-exemption ruling in January 2013, 13 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, Sierra Madre Community Foundation reported income of $167k and spending of $234k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $167k (-3.0%), an average of -3.0% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sierra Madre Community Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Mesivta Nezer Hatalmud Inc ($167k), Qme Place Inc ($167k) and Our Serbs Charitable Organization ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.