Community Foundation San Luis Obispo County

Analysis

Community Foundation San Luis Obispo County is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in April 1999, 27 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, Community Foundation San Luis Obispo County reported income of $3.2m and spending of $5.4m, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $3.2m (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 508%. 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, Community Foundation San Luis Obispo County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include SHC Foundation ($3.2m), San Francisco First Tee ($3.2m) and Brown County United Way Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $312k (5.8% of expenses). Other salaries and wages came to $621k. At year end it held assets of $75.5m against liabilities of $3.7m, net assets of $71.7m. It reported 19 employees.