Tahoe Truckee Community Foundation

Analysis

Tahoe Truckee Community Foundation is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in November 1998, 28 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 June 2023, Tahoe Truckee Community Foundation reported income of $6.9m and spending of $6.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $6.9m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tahoe Truckee Community 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 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include National Chirstian Charitable Foundation Inc ($6.9m), Community Foundation of West Texas ($6.9m) and Hampton Classic Horse Show Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $185k (2.9% of expenses). At year end it held assets of $36.1m against liabilities of $170k, net assets of $35.9m. It reported 19 employees.