California Counties Foundation Inc

Analysis

California Counties Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 June 2023, California Counties Foundation Inc reported income of $1.2m and spending of $1.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.2m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Counties Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include National Church Residences Elderly of Montgomery WV Inc ($1.2m), Palmetto Place Children & Youth SVCS ($1.2m) and South Carolina Governors School for the Arts and Humanities Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $223k (21% of expenses). Other salaries and wages came to $174k. At year end it held assets of $1.6m against liabilities of $280k, net assets of $1.3m.