Community Venture Partners Inc

Analysis

Community Venture Partners Inc is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in November 2013, 13 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, Community Venture Partners Inc reported income of $155k and spending of $228k, spending 146% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $88k to $155k (+77%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Venture Partners Inc sits at the 43rd percentile: it is larger than about 43% 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 Hope Clinic Inc ($155k), Spark Makerspace Co ($155k) and World Vision Change Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.