Health Care Foundation for Ventura County

Analysis

Health Care Foundation for Ventura County is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Health Care Foundation for Ventura County reported income of $2.0m and spending of $1.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Foundation for Ventura County sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Texas Harm Reduction Alliance ($2.0m), Journey Forward Inc ($2.0m) and Norman Regional Health Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $235k (14% of expenses). Other salaries and wages came to $70k. It paid $5,400 in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $70k, net assets of $3.6m. It reported 6 employees.