Larkspur Community Foundation

Analysis

Larkspur Community Foundation is a registered charity in United States, based in Larkspur, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Larkspur Community Foundation reported income of $100k and spending of $104k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $100k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Larkspur Community Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Mesta Park Neighborhood Association Inc ($100k), Pennsylvania State Association of County Fairs ($100k) and Simsbury Main Street Partnership Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.