Lamorinda Village Inc

Analysis

Lamorinda Village Inc is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Lamorinda Village Inc reported income of $229k and spending of $209k, spending 91% of its income. Across the 3 years on record, from March 2021 to March 2023, income fell from $249k to $229k (-8.0%), an average of -4.1% a year. The sharpest change came in the year to March 2022, when income rose by 257%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lamorinda Village Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Newday Foundation of LA Porte Inc ($229k), Mayers Healthcare Foundation Inc ($229k) and United Community Center of Michigan ($229k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $79k (38% of expenses). Other salaries and wages came to $31k. It paid $36k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $7,800, net assets of $995k. It reported 2 employees.