Three Valleys Community Foundation

Analysis

Three Valleys Community Foundation is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in September 2021, 5 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 March 2023, Three Valleys Community Foundation reported income of $1.9m and spending of $527k, leaving 72% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income grew from $312k to $1.9m (+494%), an average of +494% a year. The sharpest change came in the year to March 2023, when income rose by 494%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Three Valleys Community Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Bobby Nichols-Fiddlesticks Foundation Inc ($1.9m), United Way of Ulster County Inc ($1.9m) and Michael and Christine Farah Family Foundation ($1.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $81k (15% of expenses). Other salaries and wages came to $14k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 1 employees.