Press Democrat Community Fund

Analysis

Press Democrat Community Fund is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in October 2020, 6 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, Press Democrat Community Fund reported income of $53k and spending of $39k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1,570 to $53k (+3283%), an average of +482% a year. The sharpest change came in the year to December 2023, when income rose by 6683%. Over the whole period it spent 138% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Press Democrat Community Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Yeshiva Beit Rafael ($53k), Fort Cherry Education Foundation ($53k) and Dublin Am Rotary Charitable Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $398k against liabilities of $2,332, net assets of $395k.