Tahoe Community Foundation

Analysis

Tahoe Community Foundation is a registered charity in United States, based in Incline VLG, NV. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tahoe Community Foundation reported income of $16.4m and spending of $13.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $16.4m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tahoe Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Seven Hills Preparatory Academy ($16.4m), Usf Financing Corporation ($16.4m) and Capistrano Valley Christian Schools Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $353k (2.7% of expenses). Other salaries and wages came to $296k. At year end it held assets of $127.8m against liabilities of $338k, net assets of $127.5m. It reported 6 employees.