Central Valley Project Corporation

Analysis

Central Valley Project Corporation is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 June 2024, Central Valley Project Corporation reported income of $221k and spending of $315k, spending 142% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $445k to $221k (-50%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 54%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Valley Project Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Paine Memorial Free Library ($221k), McCalmont Township Volunteer Fire Co ($221k) and Holmdel First Aid Squad Inc ($221k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 71% of the total. At year end it held assets of $2.6m against liabilities of $679k, net assets of $1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.