Exchange Club of Culver City Charitable Foundation Inc

Analysis

Exchange Club of Culver City Charitable Foundation Inc is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Exchange Club of Culver City Charitable Foundation Inc reported income of $302k and spending of $214k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $97k to $302k (+211%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Exchange Club of Culver City Charitable Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include All for Lunch Inc ($302k), Kodai Friends International Inc ($302k) and The Intandem Foundation Inc ($302k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.