Santa Clarita Valley Scholarship Foundation Inc

Analysis

Santa Clarita Valley Scholarship Foundation Inc is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in July 1977, 49 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, Santa Clarita Valley Scholarship Foundation Inc reported income of $78k and spending of $81k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $100k to $78k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Clarita Valley Scholarship Foundation Inc sits at the 30th percentile: it is larger than about 30% 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 Mission of the Masters Inc ($78k), River Edge Volunteer Ambulance Service Inc ($78k) and Warriors on Wheels Inc ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.