San Bernardino Valley College Foundation

Analysis

San Bernardino Valley College Foundation is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. 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 June 2023, San Bernardino Valley College Foundation reported income of $1.2m and spending of $800k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $522k to $1.2m (+138%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Bernardino Valley College Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Kingsport Child Development Center ($1.2m), Pearce Community Center Inc ($1.2m) and Foundation for Hospital Art Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $6.0m against liabilities of $1,500, net assets of $6.0m.