League of California Community Foundations

Analysis

League of California Community Foundations is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 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, League of California Community Foundations reported income of $2.8m and spending of $1.7m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $2.8m (+731%), an average of +70% a year. The sharpest change came in the year to December 2020, when income rose by 1405%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, League of California Community Foundations sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Salt Lake Education Foundation ($2.7m), Our Change Foundation ($2.8m) and Princess Grace Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $164k (9.9% of expenses). Other salaries and wages came to $91k. At year end it held assets of $2.8m against liabilities of $66k, net assets of $2.8m. It reported 2 employees.