California Giant Foundation

Analysis

California Giant Foundation is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in August 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, California Giant Foundation reported income of $110k and spending of $80k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $463k to $110k (-76%), an average of -51% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, California Giant Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Union Academy of Belleville ($110k), Dyersville Health Foundation Inc ($110k) and Ancor Foundation Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $79k against liabilities of $12k, net assets of $67k.