Vista Optimist Club Foundation Inc

Analysis

Vista Optimist Club Foundation Inc is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Vista Optimist Club Foundation Inc reported income of $221k and spending of $225k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $234k to $221k (-5.5%), an average of -1.4% a year. The sharpest change came in the year to August 2021, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vista Optimist Club Foundation Inc sits at the 71st percentile: it is larger than about 71% 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 Kids at Heart ($221k), NG Football Association Inc ($221k) and The Quad City Hitmen Baseball Association ($221k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 42% of the total. Other salaries and wages came to $46k. At year end it held assets of $691k against liabilities of $1,919, net assets of $690k. It reported 3 employees.