Palos Verdes Estates Foundation

Analysis

Palos Verdes Estates Foundation is a registered charity in United States, based in PLS VRDS Est, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Palos Verdes Estates Foundation reported income of $58k and spending of $134k, spending 231% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $428k to $58k (-86%), an average of -63% a year. The sharpest change came in the year to June 2023, when income dropped by 88%. Over the whole period it spent 63% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Palos Verdes Estates Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Alliance for a Living Ocean ($58k), Hillsdale County Conservation Club Incorporated ($58k) and Bristol Virginia Public Schools Education Foundation ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $29k. At year end it held assets of $383k against liabilities of $4,491, net assets of $378k. It reported 1 employees.