Community Foundation of San Benito County

Analysis

Community Foundation of San Benito County is a registered charity in United States, based in Hollister, CA. It received its IRS tax-exemption ruling in November 1996, 30 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 October 2023, Community Foundation of San Benito County reported income of $12.3m and spending of $19.5m, spending 159% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $4.3m to $12.3m (+186%), an average of +30% a year. The sharpest change came in the year to October 2020, when income rose by 231%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of San Benito County 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 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include United Way Inc ($12.3m), Pious Projects of America ($12.3m) and Central Alabama Community Foundation Inc ($12.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $179k (0.9% of expenses). Other salaries and wages came to $155k. At year end it held assets of $30.1m against liabilities of $1.4m, net assets of $28.7m. It reported 8 employees.