Community Foundation of Estero Bay Incorporated

Analysis

Community Foundation of Estero Bay Incorporated is a registered charity in United States, based in Morro Bay, CA. It received its IRS tax-exemption ruling in April 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 June 2023, Community Foundation of Estero Bay Incorporated reported income of $128k and spending of $76k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $60k to $128k (+115%), an average of +115% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 71% 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 Estero Bay Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Butler Am Rotary Charities ($128k), Boise Firefighters Local 149 Community Assistance Fund Inc ($128k) and Dallas Childrens Advocacy Center Foundation ($128k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $268k against liabilities of $8,384, net assets of $260k.