Benicia Community Foundation

Analysis

Benicia Community Foundation is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Benicia Community Foundation reported income of $203k and spending of $94k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $203k (+179%), an average of +179% a year. The sharpest change came in the year to December 2023, when income rose by 179%. Over the whole period it spent 43% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Benicia Community Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Rehoboth Beach Main Street Inc ($203k), Griggs-Steele Empowerment Zone Inc ($203k) and Friends of the Gallatin National Forest Avalanche Center ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.