New California Coalition Foundation

Analysis

New California Coalition Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2022, 4 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, New California Coalition Foundation reported income of $60k and spending of $215k, spending 358% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $615k to $60k (-90%), an average of -90% a year. The sharpest change came in the year to December 2023, when income dropped by 90%. Over the whole period it spent 41% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New California Coalition Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Syracuse Asbestos Workers Apprentice Fund ($60k), Darien Corn Fest Inc ($60k) and Anvil Community Development Corporation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $400k against liabilities of $0, net assets of $400k.