Catholic Community Foundation of Santa Clara County

Analysis

Catholic Community Foundation of Santa Clara County is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Community Foundation of Santa Clara County reported income of $14.2m and spending of $11.8m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.8m to $14.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 278%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Community Foundation of Santa Clara County sits at the 97th percentile: it is larger than about 97% 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 Islamic Services Foundation ($14.2m), Villa Maria College of Buffalo ($14.2m) and Rossman School ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $280k (2.4% of expenses). Other salaries and wages came to $333k. At year end it held assets of $154.5m against liabilities of $41.9m, net assets of $112.5m. It reported 6 employees.