Central Valley Community Foundation

Analysis

Central Valley Community Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in April 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 December 2023, Central Valley Community Foundation reported income of $82.7m and spending of $27.1m, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.3m to $82.7m (+479%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 213%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Valley Community Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Jewish Federation Council of Greater Los Angeles ($82.6m), Henry J Kaiser Family Foundation ($84.8m) and Lesea Global Feed the Hungry Inc ($82.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $737k (2.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $161.1m against liabilities of $18.6m, net assets of $142.5m. It reported 35 employees.