Palos Verdes Golf Club Scholarshipfoundation

Analysis

Palos Verdes Golf Club Scholarshipfoundation is a registered charity in United States, based in PLS VRDS Est, CA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Palos Verdes Golf Club Scholarshipfoundation reported income of $189k and spending of $161k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $189k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palos Verdes Golf Club Scholarshipfoundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Arc of Hope Uganda ($189k), Dharma Gates Inc ($189k) and The Adult Learning Center ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.