Community Joint Venture Inc

Analysis

Community Joint Venture Inc is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Joint Venture Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-6.6%), an average of -1.7% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Joint Venture Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include North Star Family Services Inc ($1.2m), Early Horizons Child Development Center Inc ($1.2m) and Sierra House ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $126k (11% of expenses). Other salaries and wages came to $407k. At year end it held assets of $782k against liabilities of $258k, net assets of $524k. It reported 17 employees.