East Bay Community Foundation

Analysis

East Bay Community Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1947, 79 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, East Bay Community Foundation reported income of $35.9m and spending of $127.9m, spending 356% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.9m to $35.9m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2020, when income rose by 1209%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, East Bay Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Chattanooga Christian Community Foundation ($35.7m), Harlem Rbi Incorporated ($35.9m) and Give Lively Foundation Inc ($35.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $757k (0.6% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $555.5m against liabilities of $27.2m, net assets of $528.3m. It reported 58 employees.