Corte Madera Community Foundation

Analysis

Corte Madera Community Foundation is a registered charity in United States, based in Corte Madera, CA. It received its IRS tax-exemption ruling in April 1995, 31 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, Corte Madera Community Foundation reported income of $165k and spending of $118k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $95k to $165k (+74%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Corte Madera Community Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Fairfield Glade Ladies Club ($165k), Rowland Family Charities Inc ($165k) and Broken Arrow Public School Foundation Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $544k against liabilities of $0, net assets of $544k.