The Foundation of Laguna Woods Village

Analysis

The Foundation of Laguna Woods Village is a registered charity in United States, based in Laguna Woods, CA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Foundation of Laguna Woods Village reported income of $1.7m and spending of $318k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $1.7m (+583%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 673%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Foundation of Laguna Woods Village sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Communities Together Inc ($1.7m), Heartland Equine Therapeutic Riding Academy Inc ($1.7m) and Hand Up Ministries ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.