Community Initiatives

Analysis

Community Initiatives is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 1997, 29 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, Community Initiatives reported income of $59.4m and spending of $55.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.4m to $59.4m (+89%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 93% 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 Initiatives 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 Dayton Foundation ($59.3m), Pledgeling Foundation ($59.7m) and Coastal Community Foundation of South Carolina Inc ($59.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $931k (1.7% of expenses). Other salaries and wages came to $25.8m. It paid $42k in professional fundraising fees. At year end it held assets of $56.2m against liabilities of $4.8m, net assets of $51.4m. It reported 638 employees.