Elkhorn Slough Foundation

Analysis

Elkhorn Slough Foundation is a registered charity in United States, based in Moss Landing, CA. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2023, Elkhorn Slough Foundation reported income of $5.2m and spending of $4.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.2m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Elkhorn Slough Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Aspire Carolinas Foundation Inc ($5.2m), Community FDN of Southeast Kansas ($5.3m) and Illinois Prairie Community Foundation Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $194k (4.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $42.6m against liabilities of $1.1m, net assets of $41.5m. It reported 41 employees.