California Community Foundation

Analysis

California Community Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 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 June 2023, California Community Foundation reported income of $270.7m and spending of $376.6m, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $305.8m to $270.7m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, California Community Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Hawaii Community Foundation ($270.3m), Assets Under Movement ($273.8m) and The San Diego Foundation ($268.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $2.6m (0.7% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $2.11bn against liabilities of $234.9m, net assets of $1.88bn. It reported 92 employees.