Pebble Beach Company Foundation

Analysis

Pebble Beach Company Foundation is a registered charity in United States, based in Pebble Beach, CA. It received its IRS tax-exemption ruling in June 1977, 49 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, Pebble Beach Company Foundation reported income of $5.7m and spending of $3.3m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $5.7m (+112%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pebble Beach Company Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Archewell Inc ($5.7m), J a & Leta M Chapman TR 10267 ($5.7m) and Apec Family Foundation Fund Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $28.0m against liabilities of $1.3m, net assets of $26.7m.