Conejo Valley Friendship Circle Inc

Analysis

Conejo Valley Friendship Circle Inc is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in April 2004, 22 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, Conejo Valley Friendship Circle Inc reported income of $62k and spending of $30k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $220k to $62k (-72%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Conejo Valley Friendship Circle Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Highlands Resident Asistance Fund Inc ($62k), Three Women Inc ($62k) and All Are Welcome Social Services Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $6,283 against liabilities of $87k, net assets of -$81k.