CCF Community Initiatives Fund

Analysis

CCF Community Initiatives Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CCF Community Initiatives Fund reported income of $15.6m and spending of $10.8m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.8m to $15.6m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CCF Community Initiatives Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Greater Tacoma Community Foundation ($15.5m), Oracle Health Foundation ($15.7m) and Hidaya Foundation ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. It paid $1.7m in professional fundraising fees. At year end it held assets of $47.0m against liabilities of $27k, net assets of $47.0m.