San Diego County Prosperity Foundation

Analysis

San Diego County Prosperity Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, San Diego County Prosperity Foundation reported income of $331k and spending of $273k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $405k to $331k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego County Prosperity Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Los Angeles Choreographers and Dancers Inc ($331k), Platte County Economic Development Council Incorporated ($331k) and Douglas County Sheriffs Advisory Council ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.