Livermore Valley Craft Beer Foundation

Analysis

Livermore Valley Craft Beer Foundation is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in December 2016, 10 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, Livermore Valley Craft Beer Foundation reported income of $54k and spending of $51k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $20k to $54k (+175%), an average of +66% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Livermore Valley Craft Beer Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include National Federation of the Blind of Illinois ($54k), Giving2grow Inc ($54k) and Four County Young at Heart ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $26k against liabilities of $932, net assets of $25k.