Coronado Community Foundation

Analysis

Coronado Community Foundation is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in November 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, Coronado Community Foundation reported income of $63k and spending of $65k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $63k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Coronado Community Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include North Bay Association of Realtors Charity ($63k), Harrison County Community Hospital Foundation Inc ($63k) and Brothers in Blue - River Valley Chapter Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.