VC Colab Foundation

Analysis

VC Colab Foundation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, VC Colab Foundation reported income of $155k and spending of $64k, leaving 58% of income unspent that year. Across the 3 years on record, from August 2022 to December 2023, income fell from $206k to $155k (-25%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 54% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, VC Colab Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Florida Coastal Conservancy Inc ($155k), Alabama Wildlife Federation Isabel & Wiley Hill Conservation Educ ($155k) and Sound Water Stewards of Island County ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $357k against liabilities of $0, net assets of $357k.