California Transportation Foundation

Analysis

California Transportation Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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, California Transportation Foundation reported income of $553k and spending of $647k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $553k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Transportation Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Grassworks Inc ($553k), Dimond Alumni Foundation ($554k) and Achievement Center Endowment Fund Inc ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 40% of the total. At year end it held assets of $1.4m against liabilities of $61k, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.