California Health Foundation and Trust

Analysis

California Health Foundation and Trust is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 1961, 65 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, California Health Foundation and Trust reported income of $46.0m and spending of $57.9m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $50.1m to $46.0m (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, California Health Foundation and Trust sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Community Foundation of Sarasota County Inc ($45.8m), Jewish Federation of Palm Beach County Inc ($46.1m) and Lighthouse Guild International Inc ($45.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $48k. At year end it held assets of $148.2m against liabilities of $6.2m, net assets of $142.0m.