VV Family Foundation

Analysis

VV Family Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, VV Family Foundation reported income of $78k and spending of $101k, spending 130% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $86k to $78k (-9.9%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, VV Family Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Therapeutic Community Association of New York Inc ($78k), Casa de Transformacion Y Restauraci on Familiar ($78k) and Galena Volunteer Fire Department ($78k).

At year end it held assets of $7,699 against liabilities of $0, net assets of $7,699.