El Dorado Community Foundation

Analysis

El Dorado Community Foundation is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in December 1994, 32 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 (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, El Dorado Community Foundation reported income of $7.6m and spending of $3.5m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $7.6m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 366%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, El Dorado Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include United Way of Lincoln and Lancaster County ($7.6m), Brookline Community Foundation Inc ($7.6m) and Sterling Donor Advised Fund ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $175k (5.0% of expenses). Other salaries and wages came to $423k. At year end it held assets of $31.0m against liabilities of $4.0m, net assets of $27.1m. It reported 7 employees.