Negrense Volunteers for Change Inc Foundation - USA

Analysis

Negrense Volunteers for Change Inc Foundation - USA is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 December 2023, Negrense Volunteers for Change Inc Foundation - USA reported income of $74k and spending of $259, leaving 100% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $164k to $74k (-55%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Negrense Volunteers for Change Inc Foundation - USA sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Cape May Fund ($74k), National Association of Professors of Hebrew Inc ($74k) and Coldspring Area Public Library Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.