Cardiovascular Research Foundationof Southern California

Analysis

Cardiovascular Research Foundationof Southern California is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in November 2006, 20 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, Cardiovascular Research Foundationof Southern California reported income of $1.1m and spending of $593k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $1.1m (+329%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 223%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cardiovascular Research Foundationof Southern California sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Charge Syndrome Foundation Inc ($1.1m), Saint Agatha Foundation ($1.1m) and Cohesion Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $144k (24% of expenses). Other salaries and wages came to $183k. At year end it held assets of $3.0m against liabilities of $1,893, net assets of $3.0m.