Tierra Del Sol Foundation

Analysis

Tierra Del Sol Foundation is a registered charity in United States, based in Sunland, CA. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tierra Del Sol Foundation reported income of $26.0m and spending of $26.1m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $18.9m to $26.0m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tierra Del Sol 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 Creative Works ($25.8m), Southern Oregon Goodwill Industries ($26.0m) and Imagine Worldwide ($25.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $717k (2.7% of expenses). Other salaries and wages came to $17.7m. At year end it held assets of $20.0m against liabilities of $4.3m, net assets of $15.7m. It reported 528 employees.