Desert Community Foundation

Analysis

Desert Community Foundation is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in July 1999, 27 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, Desert Community Foundation reported income of $10.5m and spending of $4.8m, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $10.5m (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Desert Community Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Serv Properties and Management Inc ($10.5m), Hollis Foundation ($10.5m) and Urban Renewal Initiative Foundation ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 3.1% of the total. Other salaries and wages came to $141k. At year end it held assets of $42.4m against liabilities of $222k, net assets of $42.2m.