Coalinga Community Foundation

Analysis

Coalinga Community Foundation is a registered charity in United States, based in Coalinga, CA. It received its IRS tax-exemption ruling in December 1980, 46 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, Coalinga Community Foundation reported income of $316k and spending of $306k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $316k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Coalinga Community Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Tulsa Firefighters Benevolence Fund ($316k), Mid-Carolina Electric Trust ($316k) and Operation Genesis Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 88% of the total. Other salaries and wages came to $180k. At year end it held assets of $1.2m against liabilities of $20k, net assets of $1.2m.