Community Venture Foundation

Analysis

Community Venture Foundation is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Community Venture Foundation reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $2.0m (+263%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Venture Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Mattingly Edge Inc ($2.0m), Citizens of the World Charter Schools ($2.0m) and Victorious Children Foster Family Agency ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $145k (8.5% of expenses). At year end it held assets of $860k against liabilities of $13k, net assets of $848k.