El Paso Community Foundation

Analysis

El Paso Community Foundation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in November 1975, 51 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 Paso Community Foundation reported income of $10.4m and spending of $15.4m, spending 148% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $10.2m to $10.4m (+2.4%), an average of +0.5% a year. The sharpest change came in the year to December 2019, when income rose by 117%. Over the whole period it spent 94% 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 Paso Community Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include United Way of Tri County Inc ($10.4m), Ocf Joseph E Weston Public Foundation ($10.4m) and Center for Community Inclusion Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $1.3m (8.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $89.3m against liabilities of $34.7m, net assets of $54.6m. It reported 26 employees.