Victor Valley College District Foundation Inc

Analysis

Victor Valley College District Foundation Inc is a registered charity in United States, based in Victorville, CA. It received its IRS tax-exemption ruling in November 1975, 51 years ago. 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 June 2024, Victor Valley College District Foundation Inc reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victor Valley College District Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Christian Outreach Appeal ($1.8m), Venturelinx ($1.8m) and Women S Coalition of St Croix Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $23k. At year end it held assets of $5.6m against liabilities of $16k, net assets of $5.6m. It reported 2 employees.