Community Foundation Santa Cruz County

Analysis

Community Foundation Santa Cruz County is a registered charity in United States, based in Aptos, CA. It received its IRS tax-exemption ruling in May 1982, 44 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, Community Foundation Santa Cruz County reported income of $50.4m and spending of $28.6m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.2m to $50.4m (+109%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation Santa Cruz County 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 for the Fox Valley Region Inc ($50.1m), Greater Twin Cities United Way ($50.9m) and Tiger Woods Charity Event Corp ($49.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $945k (3.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $223.5m against liabilities of $25.7m, net assets of $197.8m. It reported 24 employees.