Gonzalez Family Foundation

Analysis

Gonzalez Family Foundation is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in September 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 (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, Gonzalez Family Foundation reported income of $734k and spending of $497k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $734k (+264%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gonzalez Family Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Doctor Theodore a Atlas Foundation Inc ($734k), Environmental Health Trust ($734k) and Journey for Good Foundation Inc ($733k).

At year end it held assets of $479k against liabilities of $3,581, net assets of $476k.