Candy Store Foundation

Analysis

Candy Store Foundation is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2023, Candy Store Foundation reported income of $107k and spending of $17k, leaving 84% of income unspent that year. Across the 3 years on record, from March 2021 to March 2023, income fell from $288k to $107k (-63%), an average of -39% a year. The sharpest change came in the year to March 2023, when income rose by 478%. Over the whole period it spent 9.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Candy Store Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Clinton County Historical Association ($107k), Heritage Choir Inc ($107k) and The Storydancer Project Inc ($107k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.