Palos Verdes Peninsula Village Incorporated

Analysis

Palos Verdes Peninsula Village Incorporated is a registered charity in United States, based in Palos Verdes Estates, CA. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Palos Verdes Peninsula Village Incorporated reported income of $135k and spending of $128k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $324k to $135k (-58%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palos Verdes Peninsula Village Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Vernonia Senior Citizens ($135k), 4g Foundation ($135k) and Hallettsville Playday Association ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $393k against liabilities of $19k, net assets of $374k.