Community Foundation of Lafayette

Analysis

Community Foundation of Lafayette is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in April 2002, 24 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 of Lafayette reported income of $153k and spending of $203k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $308k to $153k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 102% 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 Lafayette sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Childrens Opportunity Group Inc ($153k), Chevra Shas at Tower 41 Inc ($153k) and Rooneys Golf Foundation Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $191k against liabilities of $19k, net assets of $172k.