Fenwick Community Fund

Analysis

Fenwick Community Fund is a registered charity in United States, based in Mountain View, 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 December 2023, Fenwick Community Fund reported income of $1.3m and spending of $2.0m, spending 153% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $12.8m to $1.3m (-90%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fenwick Community Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Northfield Shares ($1.3m), Mision Ruah ($1.3m) and Schostak Family Support Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $2.3m against liabilities of $1,123, net assets of $2.3m.