Community Foundation of Merced County

Analysis

Community Foundation of Merced County is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in September 2006, 20 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 Merced County reported income of $198k and spending of $297k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $198k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 235%. Over the whole period it spent 101% 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 Merced County sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Lake Race Corp ($198k), Ippfa Remembrance Fund ($198k) and Halvorson Charities Fund ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.6m against liabilities of $4,066, net assets of $1.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.