Contentment Foundation

Analysis

Contentment Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Contentment Foundation reported income of $1.4m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $780k to $1.4m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Contentment Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include South Fulton Senior Services Inc ($1.4m), Help in Crisis ($1.4m) and Childrens Protective Association ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $89k (6.1% of expenses). At year end it held assets of $1.2m against liabilities of $189k, net assets of $973k. It reported 1 employees.